Sears Holdings Corp. (fka SHLDQ)

[WebSlinger]

<< ESL/Transform Holdco picked and chose what
Assets it wanted to buy and what Liabilities it wanted to
assume - per Section 363 of the Bankruptcy Code.
This is called a 363 Sale and it left certain Assets and
Liabilities with the Debtors. >>

linda1:

Pg 5 of Doc 1730 (which includes the original APA) states:

"The Successful Bid involves the purchase of substantially all of the Assets of the Company, including..."

I understand that ESL only purchased the top 425 stores and they will be closing the rest, but besides that what do you think that they are leaving behind?