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Mike Spector

Sears Chairman Lampert makes $4.6 billion bid for bankrupt retailer

Dec 06 2018

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. | Video

Exclusive: Ace Hardware, Centerbridge eye Sears' home services unit: sources

Dec 03 2018

Retailer Ace Hardware Corp [ACEHW.UL] and investment firm Centerbridge Partners LP are together eyeing an offer for bankrupt Sears Holdings Corp's home services division that would compete with an expected bid from Chairman Eddie Lampert, people familiar with the matter said on Monday.

Sears secures court approval for additional $350 million loan

Nov 27 2018

NEW YORK/SAN FRANCISCO Sears Holdings Corp won court approval on Tuesday for $350 million in critical bankruptcy financing that will keep the 125-year-old retailer operating through the holidays while it attempts to reorganize.

Sears secures court approval for additional $350 mln loan

Nov 27 2018

NEW YORK/SAN FRANCISCO, Nov 27 Sears Holdings Corp won court approval on Tuesday for a new deal clinching $350 million in critical bankruptcy financing that will keep the 125-year-old retailer operating through the holidays while it attempts to reorganize.

Exclusive: Sears finalizing $350 million bankruptcy loan with Great American - sources

Nov 14 2018

Sears Holdings Corp is finalizing a deal with financial firm Great American Capital Partners and other lenders for $350 million in critical bankruptcy financing that would keep the U.S. retailer open through the holidays, people familiar with the matter said on Wednesday.

Exclusive: Sears finalising $350 million bankruptcy loan with Great American - sources

Nov 14 2018

NEW YORK Sears Holdings Corp is finalising a deal with financial firm Great American Capital Partners and other lenders for $350 million in bankruptcy financing that would keep the retailer open through the holiday season while it attempts to reorganize, people familiar with the matter said on Wednesday.

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

Nov 05 2018

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.

EXCLUSIVE-Sears nears bankruptcy financing deal without Lampert's hedge fund-sources

Nov 05 2018

Nov 5 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.

Sears, chairman, lenders seek bankruptcy loan breakthrough: sources

Nov 05 2018

Sears Holdings Corp is in discussions with Chairman Eddie Lampert and lenders on a deal to expand a bankruptcy financing package that would help it avoid liquidation, people familiar with the matter said.

Sears directors tap Evercore to examine former CEO Lampert's deals -sources

Oct 26 2018

Two Sears Holdings Corp board directors have hired investment bank Evercore Inc to scrutinize deals that were led by former Sears Chief Executive Eddie Lampert with the U.S. retailer before it filed for bankruptcy protection, people familiar with the matter said on Friday.

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