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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…

Lampert Reportedly Gets Another Chance To Sweeten Sears Bid

Eddie Lampert was given an additional day to place a bid for Sears after the retailer rejected his $4.4 billion bid to…

Lampert Hedge Fund Makes $4.6 Billion Bid For Sears

ESL Investments, the hedge fund run by Sears Holdings Chairman Eddie Lampert, has submitted a $4.6 billion bid for the retailer. Sears…

Sears CEO Offers To Purchase Sears Home Improvement, PartsDirect

An April 20 letter from Sears Holdings CEO Eddie Lampert’s hedge fund, ESL Investments, to the retailer’s board of directors urged divestment…

Sears To Close 150 More Stores, Sell Craftsman For $900 Million

Although it’s a new year, the same old struggles at the iconic Sears brand haven’t slowed down. The century-old retailer is closing…

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