Sears Confirms Chairman's Hedge Fund Wins Bid In Auction

NEW YORK (AP) — Sears is confirming reports its chairman and largest shareholder Eddie Lampert's hedge fund has won a bid to buy roughly 400 stores and other assets for $5.2 billion. The move, announced Thursday, preserves 45,000 jobs and is subject to court approval on Feb.Read more on NewsOK.com

Topics:  york ap     sears   eddie lampert   feb   newsok   bid   hedge fund   

 

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