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Sears reaches deal with Chairman Eddie Lampert to save company and roughly 400 stores

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Sears 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.

 

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Lets start a pool. I give them 2 yrs at the most. Same management will result in the same results.

Save 🤣🤣🤣 Huge Package for Execs, & then will sell off piece by piece - screwing over workers & pensions! Don't kId yourself! Vulture Capitalists! PERIOD!

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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.
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