Home » Tag Archives: Liquidation

Tag Archives: Liquidation

Sears Chairman’s Hedge Fund Wins Bankruptcy Auction

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ESL Investments, the hedge fund managed by Sears chairman Edward Lampert, has prevailed in a bankruptcy auction to save Sears from liquidation, according to a report from Reuters. The bid is valued at more than $5.2 billion and is more ... Read More »

Sears Chairman Proposes $4.4B Offer to Buy Company

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Sears will possibly avoid company liquidation because Sears chairman Edward Lampert proposed to purchase the company for $4.4 billion, according to a report from CNBC. The proposal was formally submitted through an affiliate of ESL Investments, the hedge fund Lampert ... Read More »