Sears chairman makes new bids for bankrupt retailer

The new bid, which is pending approval by a US bankruptcy court judge, was made through ESL affiliate Transform Holdco. It would save the around 425 Sears and Kmart stores that have yet to be sold, as well as up to 50,000 jobs

Sears chairman Eddie Lampert has made a takeover bid of $4.4bn to save the bankrupt US-based retail group, according to Reuters. The bid was made through Lampert’s hedge fund, ESL Investments, which made an unsuccessful $4.6bn bid for the retailer’s...

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