Lampert is in the hunt for Sears

December 17, 2018 by MMR Edward Lampert, ESL Investments Inc., Sears Holding Corp. 2018, Issue 12-17-2018, Issues

HOFFMAN ESTATES, Ill. — The hedge fund controlled by Edward Lampert, Sears Holding Corp.’s chairman and its biggest shareholder, has made an offer it valued at $4.6 billion to buy the bankrupt retailer. Lampert and ESL Investments Inc. are offering a mix of cash, new loans and debt swaps to buy the entire company, rather