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KM Financial Solutions | UPDATE 3-Sears Chair Lampert makes $4.4 bln bid to keep retailer alive
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UPDATE 3-Sears Chair Lampert makes $4.4 bln bid to keep retailer alive

28 Dec UPDATE 3-Sears Chair Lampert makes $4.4 bln bid to keep retailer alive

Posted at 02:28h in News by
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Sears Holdings Corp Chairman
Eddie Lampert submitted a $4.4 billion takeover bid for the
bankrupt U.S. retailer, representing its only chance of escaping
liquidation and laying off tens of thousands of workers, a
spokesman for the billionaire’s hedge fund said on Friday.

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