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Thursday, 01/31/2019 10:36:03 PM

Thursday, January 31, 2019 10:36:03 PM

Post# of 37346
A spokesman for ESL said it bid for Sears "for one simple reason -- We believe in the potential to create a successful, multi-faceted, 21st century company that can benefit from the changes in today's retail environment."

But if Lampert's $5.2 billion bid to rescue Sears fails -- as its creditors want -- he has a secondary bid ready to go. Under the alternate plan, Lampert would pay $1.8 billion for just the stores.

https://amp.cnn.com/cnn/2019/01/28/business/why-lampert-wants-sears/index.html



:)

All my posts are my opinion only. Please do your due diligence on all your investments.

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