ESL Investments

Sears Owner Seeks to Opt Out of Severance Payments
Human Capital

Sears Owner Seeks to Opt Out of Severance Payments

Eddie Lampert had promised to pay $43 million to former workers.
By Lauren Muskett | May 30, 2019
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Chairman Lampert Wins Auction to Save Sears
Bankruptcy

Chairman Lampert Wins Auction to Save Sears

The bankrupt retailer's "hand has not changed and the cards it holds are not winning ones," an analyst says.
By Matthew Heller | January 17, 2019
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Sears CEO Proposes $1.1B Debt Restructuring
Corporate Finance

Sears CEO Proposes $1.1B Debt Restructuring

Eddie Lampert says the retailer must act "without delay" to address “significant near-term liquidity constraints."
By Matthew Heller | September 24, 2018
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Sears Reviewing Sale of Kenmore, Other Assets
M&A

Sears Reviewing Sale of Kenmore, Other Assets

The proposed sale to CEO Eddie Lampert's hedge fund would further his goal of making Sears an "asset light" business.
By Matthew Heller | May 14, 2018
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Sears Gets $500 Million Loan
Investment Banking

Sears Gets $500 Million Loan

The new influx in credit will help Sears stay afloat until future real estate deals provide more cash to pay down outstanding debts.
By Sean Allocca | January 4, 2017
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