Sears will reportedly pursue liquidation

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Sears will ask a bankruptcy judge to pursue liquidation after reportedly rejecting a $4.4 billion takeover bid from Chairman Eddie Lampert.

 

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Sears plans to shutter after 126 years in business as Chairman Eddie Lampert’s bid failsSears plans to shutter after 126 years in business, as chairman's rescue bid fails, people familiar with the situation told CNBC on Tuesday. CNBC Sears has been behind the times for a while, but Lampert purposely ran them into the ground. He was a terrible CEO. CNBC Will dumbfuckenstan trumpkins finally rebel against this This winning will not be able to pay bills. CNBC Sad to see them go
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Court gives Sears new life, allows Chairman Eddie Lampert another chance to save retailerSears is giving Chairman Eddie Lampert another chance to buy the company out of bankruptcy and save roughly 55,000 jobs. saveLandsEnd how much money will ESL get out of this ? Hedge funds gain out of these circumstances ... Who even shops there honestly
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Sears Chairman Eddie Lampert prevails with strengthened bid in bankruptcy auction: Reuters
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Lampert wins Sears bankruptcy auction with $5.2 billion bidSears Holdings Corp Chairman Eddie Lampert won a bankruptcy auction to buy the o... Yay! Sears is saved!! Now he’s got to turn it around & ...well, I’m rooting for them... My son used to sell his gently used toys. He tried to sell them to me. I think that is what just happened with Sears. And they could’ve bought a wall with that
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Sears chairman prevails in bankruptcy auction for retailer with $5.2 billion bid: sourcesSears Holdings Corp Chairman Eddie Lampert prevailed in a bankruptcy auction for...
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Exclusive: Sears chairman submits new roughly $5 billion bid to save retailer - sourcesSears Holdings Corp Chairman Eddie Lampert submitted a revised roughly $5 billio... time to just let it go. Sears is made in China garbage that costs more than Walmart's made in china garbage. Sears has bad management. Why? So it (and Kmart) can go bankrupt again next year? I’m all for saving folks’ jobs, but know that, sometimes, even icons have to die.
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Source: Reuters - 🏆 2. / 97 Read more »