Sears Holdings Corp. (fka SHLDQ)

[justthefactsmam]

lg,

don't see how shc is going to be "purchased out of bankruptcy".

esl has purchased very specific assets which are the "go forward" assets.

what happens to the 300 +/- stores sears has closed since the beginning of 2018? esl did not purchase those. they are currently being liquidated in one form or another including going out of business sales.

am sure a number of those stores are leased. have those leases been rejected by shc? have landlords objected to attempts by shc to reject leases? if any of the stores were owned, have they been sold?

if esl's bid is approved, lampert wants to be off and running so that he can do whatever it is he is planning to do with the purchased assets. he is not the one who will be dealing with the detritus left behind. that will be sears holdings' mess to handle which is why i don't see it that slddq will be purchased out of bankruptcy.