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
October 3, 2016 by MMR
Eddie Lampert, Kmart, Liquidation sales, Sears Holding Corp., Sears’ chief executive officer, Seritage Growth Properties
2016, Issue 10-03-2016, Issues
HOFFMAN ESTATES, Ill. — Kmart is closing another 64 underperforming stores in the United States. Liquidation sales were set to start September 22, with the stores to be shuttered by mid-December, according to Business Insider, which cited sources familiar with the plans of parent Sears Holding Corp. In April, Sears eliminated 68 Kmarts and 10