• Sears C.E.O. Says His Firm Would Buy Retailer's Kenmore Brand

    5 monthes ago - By NY Times

    Edward Lampert, whose ESL Investments owns a controlling stake in Sears, proposed a deal that would yield cash for the company in exchange for several of its remaining assets, including real estate.
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  • Sears stock rises on breakup offer

    5 monthes ago - By Chicago Business

    The struggling retailer's CEO, Eddie Lampert, wants to buy the Kenmore brand and other units, as well as the company's real estate assets.
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  • Sears soars as Lampert floats buying Kenmore, real estate

    5 monthes ago - By Union Leader

    Edward Lampert is pushing for a more aggressive breakup of Sears Holdings Corp. as the hedge-fund manager aims to salvage what's left of the struggling retailer and stave off a potential bankruptcy filing.The announcement sparked a share jump of as much as 9 percent to 3.28 on Monday.Lampert's hedge fund, ESL...
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  • Sears CEO Eddie Lampert May Buy Some of the Crown Jewels the Brand May Sell

    5 monthes ago - By Fortune

    Sears Holdings shld
    CEO Eddie Lampert is pushing the retailer to look into selling off some more key parts of its business, including the Kenmore appliance brand, and said his hedge fund may buy some of the components.
    The struggling retailer, which also operates the Kmart chain, has been selling off crown jewels for years, including its Craftsman tool brand as well as Lands' End le and Sears Canada, to stave off cash shortages amid ongoing and deep sales declines. On Monday, Sears said that Lampert's ESL Investments, which has a controlling stake in Sears, sent the Sears board a letter...
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  • Eddie Lampert's firm offers to buy Kenmore from Sears

    Eddie Lampert's firm offers to buy Kenmore from Sears

    5 monthes ago - By Saint Louis Today

    NEW YORK - Eddie Lampert's hedge fund, Sears' biggest shareholder, has asked the struggling retailer to sell the Kenmore brand and its home improvement business, the company confirmed Monday.
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  • Sears CEO offers to buy Kenmore brand

    5 monthes ago - By CNN Money

    Sears CEO Eddie Lampert is offering to buy Kenmore brand, other assets from struggling retailer to provide it with the cash it needs.
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  • Eddie Lampert's firm offers to buy Kenmore from Sears

    5 monthes ago - By Boston Herald

    NEW YORK - Eddie Lampert's hedge fund, Sears' biggest shareholder, has asked the struggling retailer to sell the Kenmore brand and the chain's home improvement business. The private equity firm ESL Investments said that it might buy the assets if the company is willing to sell, sending shares of Sears Holding Corp. jumping 8 percent at the opening bell. Sears confirmed receipt of the request Monday.
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  • Sears CEO Edward Lampert offers to buy Kenmore, other assets

    5 monthes ago - By Chicago Tribune

    The hedge fund run by Sears CEO Edward Lampert has offered to buy the retailer's popular appliance brand Kenmore as well as some of the struggling company's real estate assets. Sears said it has received a letter from ESL Investments suggesting that it acquire all or a portion of its Kenmore brand,...
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  • Sears' CEO Eddie Lampert proposes massive deal to buy the struggling retailer's Kenmore brand, real estate, and other assets

    Sears' CEO Eddie Lampert proposes massive deal to buy the struggling retailer's Kenmore brand, real estate, and other assets

    5 monthes ago - By Business Insider

    ESL Investments, the hedge fund led by Sears CEO Eddie Lampert, has proposed a deal to purchase Sears ' Kenmore brand, its home improvement business, Parts Direct division, and some of the company's real estate.
    Lampert proposed the deal in a letter dated Friday that was addressed to Sears' board of directors.
    ESL values Sears' home improvement and parts direct businesses at $500 million collectively.
    ESL also said it would "be open to making an offer for Sears' real estate, including the assumption of $1.2 billion in debt obligations.
    Sears' CEO Eddie Lampert has proposed a massive deal...
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  • ESL Investments, Sears CEO Eddie Lampert's hedge fund, proposes to buy some of Sears' assets

    5 monthes ago - By CNBC

    The hedge fund led by the CEO of Sears Holdings Eddie Lampert has made a proposal to buy some of the retailer's assets.
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