His plan all along
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Sears Chairman Eddie Lampert revises his bid to save the company, report saysAmid an auction of its assets, Sears chairman Eddie Lampert has tweaked his bid for the beleaguered retailer according to Bloomberg This guy gives a new meaning to stupid rich The reason Sears is a 'beleaguered retailer' is because vulture capitalist Lampert stripped it of all its assets.
Source: USATODAY - 🏆 100. / 63 Read more »
Sears reaches deal with Chairman Eddie Lampert to save company and roughly 400 storesSears Holdings reached a roughly $5 billion deal with Chairman Eddie Lampert early Wednesday morning to keep the company, and roughly 400 stores, in operations, according to a person familiar with the situation. Save 🤣🤣🤣 Huge Package for Execs, & then will sell off piece by piece - screwing over workers & pensions! Don't kId yourself! Vulture Capitalists! PERIOD! Lets start a pool. I give them 2 yrs at the most. Same management will result in the same results.
Source: CNBC - 🏆 12. / 72 Read more »
Sears to Stay Open, After Edward Lampert Prevails in Bankruptcy AuctionThe hedge-fund manager succeeded in a last-ditch effort to keep the 126-year-old retailer alive. His $5 billion offer beat a competing bid to liquidate the company. FundIACC with the assistance of EuropeanCommission and WorldBank by means of documents revealed the concealment by the anti-corruption bureau of Kazakhstan and Poland а smuggling Kazakhstan liquefied gas to Poland in the amount of 35 thousand tons and is preparing a court(Doc) Oh good, they have the best private bathrooms in the world. Will die
Source: WSJ - 🏆 98. / 63 Read more »