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fitzwell11

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fitzwell11

Re: LouisDesyjr post# 980

Tuesday, 01/03/2017 1:41:56 PM

Tuesday, January 03, 2017 1:41:56 PM

Post# of 37346
Lampert will spin off the remaining valuable brands such as Kenmore in the same fashion he did with Lands End. In doing so he will keep the proceeds, repay the LOC and then once any last value is milked, SHLD will go Chapter 11. I'd have to look it up but I believe he kept around $500 million from the LE spin off
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