In an email to Retail Dive, an ESL Investments spokesperson said: "ESL Investments believes that our going concern bid provides the best path forward for the company, the best option to save tens of thousands of jobs and is superior for all of Sears' stakeholders to the alternative of a complete liquidation." A Sears Holdings spokesperson declined to comment to Retail Dive.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.