because his bid for the real estate, and the concession by ESL, are both $1.8B. The numbers are the same. Why wouldn't Lampert's offer to forgive $1.8B in notes payable to ESL be considered a great thing for everyone involved? I do not understand the intricacies of ESL's credit bid.
Just here because I really like Sears and hope that my shares do not become worthless.