“News neutrality by unbiased coverage”
One News Page
> >

Billionaire who led Sears into bankruptcy offers to buy it

CBS News Thursday, 6 December 2018 ()
Billionaire who led Sears into bankruptcy offers to buy itInvestor Eddie Lampert is offering $4.6 billion to take over the retailer, saying it would save thousands of jobs
Credit: Wochit Business - Published < > Embed
News video: Sears Chairman Lampert Offers To Buy Bankrupt Retailer

▶ Sears Chairman Lampert Offers To Buy Bankrupt Retailer 00:31

Sears Holdings Corp Chairman Eddie Lampert’s ESL Partners LP has submitted a $4.6 billion bid to buy the bankrupt retailer, the hedge fund said on Thursday. Sears, which had filed for bankruptcy protection on Oct. 15, faces a Dec. 15 deadline to find a buyer to keep it in business, according to...

You Might Like

Recent related videos from verified sources

Sears Holding Corp Hired Evercore Investment Bank Board Director [Video]Sears Holding Corp Hired Evercore Investment Bank Board Director 00:43

According to, "Two Sears Holdings Corp SHLDQ.PK board directors have hired investment bank Evercore Inc to scrutinize deals that were led by former Sears Chief Executive Eddie Lampert with..

Credit: Wochit Business - Published

Why Sears Went Bankrupt [Video]Why Sears Went Bankrupt 00:48

According to, "Everyone’s favorite refrigerator store, Sears, declared Chapter 11 bankruptcy on Monday. This wasn’t a big surprise. Sears has closed over a thousands stores in the last..

Credit: Wochit - Published

Sears Files For Bankruptcy [Video]Sears Files For Bankruptcy 00:40

(Reuters) - Sears Holdings Corp filed for Chapter 11 bankruptcy on Monday, throwing into doubt the future of the century-old retailer that once dominated U.S. malls but has withered in the age of..

Credit: Wochit - Published

Recent related news from verified sources

Sears' biggest holder bids $4.6B for rest of bankrupt chain

Eddie Lampert and his ESL Holdings hedge fund are offering to buy the rest of Sears for up to $4.6 billion in cash and stock. The Sears chairman and ESL own just... - BusinessAlso reported by •Seattle Times

Sears trims revenue forecast for holidays, report says

Sears Holdings Corp. is trimming its revenue forecasts for the holiday selling season and for the next two months, according to a report. Bloomberg reported that...
bizjournals - Business

Tweets about this

Other recent news in US

Trump's former lawyer MICHAEL COHEN faces sentencing in New York – live updatesMueller probe: Michael Cohen, President DONALD TRUMP's former attorney, to be sentenced Wednesday
Photos: The Legendary Bronx CHRISTMAS House Is Mysteriously Diminished This Year2 dead in Christmas market attack in STRASBOURG, France; gunman still at large
Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2018 One News Page Ltd. All Rights Reserved.
About us  |  Contact us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Contact us  |  DMCA / Content Removal  |  Privacy & Data Protection Policy
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter  •  FOLLOW us on Pinterest