Question about Bankruptcy? Does Lampert get whatever is inside all of the Sears and Kmart Stores? The Warehouses? D & D tells me that Sears Owns a lot of stores including the property they are on... ____________________________________________________________________
he gets whatever is inside all of the stores he purchsed (the 425 store footprint)
he gets the warehouses he purchased
he gets the corporate headquarters and the undeveloped land on that site. that included around 2 million square feet of office space and around 200 acres of undeveloped property at the hoffman estate site
if you look at the asset purchase agreement and go to section 2.1 i think, or look at the apa indes under assets purchased, you will get a fairly complete picture of the assets which are part of his $5.2 b bid.
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