Comment on Lampert, Cyrus are joining forces on bid to keep bankrupt Sears open

Lampert, Cyrus are joining forces on bid to keep bankrupt Sears open

Cyrus Capital Partners and a hedge fund run by Sears Holdings Corp. Chairman Edward Lampert are preparing a potential joint takeover bid that would keep the bankrupt chain alive, according to people with knowledge of the matter. The prospective suitors may offer to swap debt that they hold for...

 

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