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Sears sues former chairman Eddie Lampert

Sears Holdings Corp. is suing its former chairman and largest shareholder Eddie Lampert, alleging the billionaire stripped the once iconic company of more than $2 billion in assets......»»

Category: topSource: foxnewsApr 18th, 2019

Exclusive: Lampert helps bankroll Sears as woes persist after bankruptcy - sources

U.S. retailer Sears has borrowed about $150 million from lenders, including its billionaire owner Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection, people familiar with the matter said......»»

Category: topSource: reutersOct 18th, 2019

Reports: Coca-Cola heir arrested in Caribbean with $1.3M in cannabis, 5,000 plants aboard private jet

A Greek billionaire and heir to the Coca Cola fortune was arrested on the Caribbean Island of St. Kitts after a search of his private jet uncovered more than $1.3 million worth of cannabis on board, according to local news reports......»»

Category: topSource: moneycentralMay 14th, 2019

Exclusive: Sears chairman Lampert seeks partner for bankruptcy financing - sources

Sears Holdings Corp Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the U.S. retailer is seeking, people familiar with the matter said on Sunday......»»

Category: topSource: reutersOct 21st, 2018

Report: Sears chairman Lampert seeks partner for bankruptcy financing

Sears Holdings Corp (SHLD.O) Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the U.S. retailer is seeking, people familiar with the matter said on Sunday......»»

Category: topSource: moneycentralOct 22nd, 2018

Sears bankruptcy financing takes a new twist

Sears Holdings Corp (SHLD.O) Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the U.S. retailer is seeking, people familiar with the matter said on Sunday......»»

Category: topSource: moneycentralOct 22nd, 2018

Sears bankruptcy financing takes a new twist

Sears Holdings Corp (SHLD.O) Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the U.S. retailer is seeking, people familiar with the matter said on Sunday......»»

Category: topSource: moneycentralOct 22nd, 2018

Exclusive: Sears nears bankruptcy financing deal without Lampert"s hedge fund - sources

Sears Holdings Corp is nearing a deal with new lenders to increase a bankruptcy financing package to as much as $600 million from $300 million without Chairman Eddie Lampert's hedge fund contributing, people familiar with the matter said on Monday......»»

Category: topSource: reutersNov 5th, 2018

Sears nears bankruptcy deal without Lampert"s hedge fund

Sears Holdings is nearing a deal with new lenders to increase a bankruptcy financing package to as much as $600 million from $300 million without chairman Eddie Lampert's hedge fund contributing, people familiar with the matter said Monday......»»

Category: topSource: moneycentralNov 5th, 2018

Sears nears bankruptcy deal without Lampert"s hedge fund

Sears Holdings is nearing a deal with new lenders to increase a bankruptcy financing package to as much as $600 million from $300 million without chairman Eddie Lampert's hedge fund contributing, people familiar with the matter said Monday......»»

Category: topSource: moneycentralNov 5th, 2018

Sears Chairman Lampert offers to buy bankrupt retailer

Sears Holdings Corp Chairman Eddie Lampert's ESL Partners LP has submitted a $4.6 billion bid to buy the bankrupt retailer, the hedge fund said on Thursday......»»

Category: topSource: reutersDec 6th, 2018

Sears Chairman Lampert submits bid to buy bankrupt retailer

Sears Holdings Corp Chairman Eddie Lampert's ESL Partners LP has submitted a bid valued at $4.6 billion to buy the bankrupt retailer, the hedge fund said on Thursday......»»

Category: topSource: reutersDec 6th, 2018

Sears’ Chairman Wants to Buy the Company for $4.6 Billion

Eddie Lampert wants to buy 500 stores. Eddie Lampert, the chairman and former CEO of Sears (who some blame for the retailer’s current fina.....»»

Category: europeSource: fortuneDec 6th, 2018

Sears Chairman Lampert makes $4.6 billion bid for bankrupt retailer

Sears Holdings Corp Chairman Eddie Lampert's ESL Investments Inc has made an offer valued at $4.6 billion to buy the bankrupt U.S. retailer, one of the only options that would prevent the department store chain from shutting its doors for good......»»

Category: topSource: reutersDec 6th, 2018

Eddie Lampert bids $4.6 billion for Sears

Sears Chairman Eddie Lampert's ESL Investment bid $4.6 billion to buy the bankrupt U.S. retailer. As Fred Katayama reports, it' one of the only options that would prevent the department store chain from shutting its doors for good......»»

Category: videoSource: reutersDec 6th, 2018

Will Sears Exist in 2019? Or on Saturday? Liquidators Are Circling as Buyout Deadline Nears

Chairman Eddie Lampert has yet to submit his planned bid of $4.6 billion. The clock is ticking on Sears’ survival. The 125-year-old retailer will be gutted by liquidators unless a p.....»»

Category: europeSource: fortuneDec 27th, 2018

Will Sears Exist in 2019? Or Saturday? Liquidators Are Circling as Buyout Deadline Nears

Chairman Eddie Lampert has yet to submit his planned bid of $4.6 billion. The clock is ticking on Sears’ survival. The 125-year-old retailer will be gutted by liquidators unless a p.....»»

Category: europeSource: fortuneDec 28th, 2018

Eddie Lampert Makes Last Minute $4.6 Billion Bid To Rescue Sears

Sears Chairman Eddie Lampert has come through with an 11th hour takeover bid for the bankrupt retailer, acc.....»»

Category: blogSource: zerohedgeDec 28th, 2018

Here"s a map of all 80 stores that Sears and Kmart are shuttering in March

Sears is expected to close another round of stores early next year, as the bankrupt department store chain now tries to stay afloat via a $4.4 billion bid from its chairman, Eddie Lampert......»»

Category: realestateSource: cnbcDec 29th, 2018

$4.4 billion bid could keep Sears afloat

A $4.4 billion last-minute bid from a hedge fund run by Sears Chairman Eddie Lampert could keep the retailer afloat and keep about 425 stores open, the Washington Post reported.  The bid, made by Transform Holdco LLC, a division of ESL Investment.....»»

Category: topSource: bizjournalsDec 31st, 2018