Sears may be facing imminent death as deadline passes to rescue the company from liquidation

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Sears may shut down as deadline passes for bids to avoid liquidation.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

A very unfortunate thing for everyone employed, but good riddance! This company has been free-falling since Mr. Burns bought Sears and started bleeding the company.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Sears wins reprieve from liquidation as Chairman Lampert makes last-minute bid on bankrupt companyFriday was the deadline for buyers to put in their offers to save Sears. The owner of Kmart and Sears filed for bankruptcy in October. What can he do that isn’t already being done to save it? Amazon killed sears. Anything they have I can have more choices and just as fast sitting at home. Eddie belongs in jail However, he is a prime suspect in putting the company into bankruptcy in the first place!
Source: CNBC - 🏆 12. / 72 Read more »

Sears rejects Lampert's bid to save company as short, setting it on path to liquidationEddie Lampert's $4.4 billion offer was Sear's only shot at staying alive and preserving 55,000 jobs. But the bid ultimately came up short. stilwellwhnt Nice job Eddie. You’re a merchandising genius and a captain of industry. Lampert rejected from “saving” Sears? Oxymoronic statement if there ever was one.
Source: CNBC - 🏆 12. / 72 Read more »