1. Sears Has 24 Hours to be Saved

    Sears Has 24 Hours to be Saved
    • The deadline to submit bids for Sears' business is 28 December.
    • Chairman Edward Lampert and his hedge fund ESL Investments outlined a plan earlier this month to buy up the rest of Sears for up to $4.6 billion in cash and stock. However, sources told CNBC that as of Thursday afternoon Lampert had not submitted his bid or rounded up financing.
    • These sources also told CNBC that ESL is currently the only party offering to buy Sears as a whole...
    Read Full Article

    Login to comment.

  1. Categories

    1. BoardProspects Features:

      BoardBlogs, BoardKnowledge, BoardMoves, BoardNews, BoardProspects Announcements, BoardProspects CEO, CEO Blog, In the News, Partner Publications, Question of The Week, Sponsored Content
  2. Topics Mentioned

  3. Authors