Sears Chairman Eddie Lampert makes $4.4B bid to keep retailer alive.
This seems to be the only chance Sears has of escaping liquidation (the fate of Toys-R-Us last year). On a related note, does anyone know where to find an accounting of the actual investments/returns of his hedge fund ESL Holdings for the Sears & Kmart investments? It’d be interesting to see the results of all the creative financial structuring he’s done. | learn more