Entertainment Report

Sears Likely to Liquidate If No Bid Comes Friday for the Iconic Retailer

Name: Sears Likely to Liquidate If No Bid Comes Friday for the Iconic Retailer
Uploaded: 2018-12-27T14:33:58-08:00
Channel: NBC Palm Springs
Description: Sears, the 125-year-old icon, has 24 hours to survive. The employer of more than 68,000 filed for bankruptcy in October. Its last shot at survival is a $4.6 billion proposal put forward by its chairman, Eddie Lampert, to buy the company out of bankruptcy through his hedge fund, ESL Investments. ESL is the only party offering to buy […]

By: NBC Palm Springs

December 27, 2018

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