Replies to post #11314 on Sears Holdings Corp. (fka SHLDQ)

[pick em low]

and if u read between lines: "Negotiators initially didn’t embrace Lampert’s revised rescue plan for the bankrupt retailer, but they were concentrating on his proposal rather than competing bids from liquidators, according to people with knowledge of the discussions."

that says they not thrilled with Lampert, BUT when they compared with the rest of the offers, they saw it's still the best. The "sticking point" with LOW LEVEL UNSECURED CREDITORS is not going to derail the whole bid, they don't have enough power and he threw them $35 bone anyway