Sears Chairman Lampert Wins Bankruptcy Auction For Retailer With $5.2 Billion Bid
1/17/2019 1:11 PM EST
(Reuters) – Sears Holdings Corp said on Thursday its chairman Eddie Lampert won a bankruptcy auction for the U.S. department store chain with an improved takeover bid of $5.2 billion, allowing the 126-year-old retailer to keep its doors open.
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