eddie lampert

Sears Reaches $175 Million Settlement With Lampert, Clearing Way to Complete Bankruptcy

Sears Holdings and its creditors have reached a $175 million settlement agreement with former CEO Eddie Lampert and other investors that will…

CNBC: Sears Receives $100 Million Loan From Brigade Capital Management

Sears will receive another lifeline in the form of $100 million in financing from Brigade Capital Management, people familiar with the matter…

Sears Files Suit Against Lampert Claiming $2 Billion In Siphoned Assets

Sears has filed a lawsuit against former CEO and Chairman Eddie Lampert, his company ESL Investments and other investors, claiming they wrongfully…

Eddie Lampert Steps Down As Sears Chairman

In the wake of gaining approval to purchase Sears in a $5.2 billion lifeline bid, Chairman Eddie Lampert has stepped down from…

Bankruptcy Court Approves Lampert’s $5.2 Billion Lifeline Bid To Buy Sears

A federal bankruptcy court judge has approved Eddie Lampert’s $5.2 billion bid to buy Sears, a deal that is expected to preserve…

Lampert Ups Sears Rescue Bid To $5 Billion

Sears Holdings Chairman Eddie Lampert has confirmed that he and his hedge fund ESL Investments have increased their last-ditch bid to $5…

Will The $4.4 Billion Lampert Bid Save Sears From Liquidation?

Sears Chairman Eddie Lampert submitted a $4.4 billion bid for the struggling retailer just before the filing deadline on Dec. 28, potentially…

Sears Could Face Liquidation If Bid Fails To Materialize

Sears could be dealing with the “L” word — liquidation — if a bidder doesn’t come through within the next week, people…

Sears Lines Up Financing, Hires Advisers Ahead Of Potential Bankruptcy

Sears Holdings has hired advisers to prepare a Chapter 11 bankruptcy filing that could come as soon as this week, according to…

Sears CEO Eddie Lampert Bids $400 Million For Kenmore Brand

Sears Holdings CEO Eddie Lampert is offering to buy the retailer’s Kenmore brand for $400 million through his hedge fund, ESL Investments….

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