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Sears Deal Faces Obstacles

February 01, 2019
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Sears Deal Faces Obstacles

February 01, 2019
A deal that would save Sears is facing obstacles, as the U.S. government and major mall owners are trying to block the bid from Sears’ chairman, investor and former CEO Eddie Lampert. A few weeks ago, Lampert’s ESL Investments won a bankruptcy court auction for the retailer, prevailing over a bid from Abacus Advisors Group LLC that […]