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linda1

01/16/19 7:48 PM

#12923 RE: ckayela #12916

Correct.

However the Bid - dated Dec 28, 2018 - that I was
referring to in the 2nd Letter in the following
link uses the word “ Shareholders ” on Page 1:

“ We believe that our strategy will enable Sears
to prosper in an integrated consumer and retail
landscape and view a going concern transaction
as essential to providing optimal value to
creditors and shareholders. “


https://www.sec.gov/Archives/edgar/data/923727/000119312519005801/d686408dex9985.htm




ckayela

01/17/19 9:35 AM

#13185 RE: ckayela #12916

Must read :

Page 4
December 28, 2018


6.
Alternative Bid Proposal. As noted above, we have allocated very considerable value to the benefits of preserving Sears as an integrated business that would include both its retail and non-retail components. If we were required to bid on the different component assets separately, the aggregate consideration we would be prepared to offer would be significantly less than we have submitted in our Going Concern Proposal. While we strongly believe that our Going Concern Proposal will provide the best outcome for the Debtors and their creditors and other stakeholders,


Who are stakeholders?

A stakeholder is anyone who has a specific interest, more than likely documented but perhaps not, in the outcome or success of a project or business. Most commonly, this refers to people such as shareholders and creditors, who have money invested in the endeavor.


What are the stakeholders of a business?

Definition of stakeholders. Stakeholders are groups or individuals who can affect or be affected by the achievements of a business. Typical stakeholders that define most businesses are customers, employees, suppliers, communities, and shareholders or other financiers.