Sears liquidation looms closer than ever

Sears Holding Corp. (SHLDQ) is facing liquidation as early as tomorrow. The company’s last hope is hinged on a $4.6 billion bid by Chairman Eddie Lampert. According to a report by CNBC, Lampert has offered to buy Sears as a whole through ESL Investments, the hedge fund he manages, in order to save the retailer … Continue reading Sears liquidation looms closer than ever