One More Chance: Judge Gives Eddie Lampert Time to Rescue Sears from Bankruptcy

One More Chance: Judge Gives Eddie Lampert Time to Rescue Sears from Bankruptcy


Sears Chairman and ESL Investments founder Eddie Lampert will have one more chance to rescue the iconic retail chain from liquidation, a judge ruled on Tuesday. As CCN reported, The 126-year-old retailer had hoped to receive approval from a bankruptcy judge to proceed with liquidation after advisers rejected a $4.4 billion takeover bid from Lampert

The post One More Chance: Judge Gives Eddie Lampert Time to Rescue Sears from Bankruptcy appeared first on CCN

Posted by Josiah Wilmoth on January 8, 2019 @ https://www.ccn.com/one-more-chance-judge-gives-eddie-lampert-time-to-rescue-sears-from-bankruptcy/

Comments are closed.