Sears Holdings Corp Chief Executive Eddie Lampert, a major investor in the company, has proposed rescue deals to help the department store chain avoid bankruptcy as debt matures next month and it faces a cash crunch, according to a regulatory filing released on Monday.
Sears Ceo Lampert Offers New Deals To Avert Bankruptcy
Reuters: Business News, Reuters: Business
Mon, 09/24/2018 - 6:10pm
BING NEWS:
- Sears Has Only 12 Stores Left in America
In 2004, Kmart bought Sears for $11 billion. Hedge fund manager Edward Lampert engineered the deal. The debt load taken on in the deal was unusually high. When measured against the company ...
12/11/2023 - 1:31 am | View Link - Do Not Resuscitate: The Saga of Sears, Hedge Fund Hubris And Media Ignorance
In recent years, as Sears bled more than a billion dollars of cash each year, the usual suspects argued that Mr. Lampert was playing ... same time period. Which CEO properly read the future ...
11/7/2018 - 9:48 am | View Link - More
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