InvestorsHub Logo
Followers 12
Posts 1297
Boards Moderated 0
Alias Born 04/02/2009

Re: thelionwarrior post# 16299

Saturday, 01/26/2019 4:20:27 PM

Saturday, January 26, 2019 4:20:27 PM

Post# of 37346
yes, sears home improvement was purchased by a michigan company and that purchase was approved by the bk court.

if you have read the apa and accompanying documents, you will see that esl made provisions within those documents to acquire ship in the event the above referenced sale fails to close prior to some date certain mentioned in those docs.

additionally, there have been a number of docket entries authorizing the sale of various deminimis assets.

additionally, shc either before bk in october or after bk, but in both instances before esl bid on the 425 stores, closed and/or received permission from the bk judge to close additional stores which are currently being dealt with outside the esl bid structure.

Join the InvestorsHub Community

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.