Comment on U.S. Pension Insurer Slams Lampert Bid for Sears

U.S. Pension Insurer Slams Lampert Bid for Sears

The Pension Benefit Guaranty Corp. says a $1.7 billion funding gap should sink Chairman Edward Lampert’s efforts to buy out the chain. It’s the latest and most influential creditor to oppose the sale.

 

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