Sears Holdings Corp. (fka SHLDQ)

[justthefactsmam]

so far as has been made public, esl is the only bidder seeking to acquire sears holdings assets on a going concern basis. if his bid is determined to be qualified, there is only one bidder for all of the assets and the judge approves that bid, then there is no need for an auction.

possibly the confusion is if esl's going concern bid is not qualifed or not accepted by the judge, then that would leave 3 bidders who have placed bids to liquidate the company. if more than one of the liquidation bidders is qualified, there would be an auction between/among those bidders.