Sears Chairman Eddie Lampert revises his bid to save the company, report says

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Chairman Eddie Lampert added more cash to his bid to buy nearly 500 Sears stores and properties.

 

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The reason Sears is a 'beleaguered retailer' is because vulture capitalist Lampert stripped it of all its assets.

This guy gives a new meaning to stupid rich

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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 »

Eddie Lampert thinks Sears could be a public company againSears Chairman Eddie Lampert thinks the embattled retailer could one day be a public company. Sears was the 'Amazon' for decades....they need to get back to their roots. Joe, the bell is stupid - enough already. You don’t work at the front desk of a hotel! KERNEN A CANCER
Source: CNBC - 🏆 12. / 72 Read more »