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KM Financial Solutions | UPDATE 1-Sears chairman prevails in bankruptcy auction for retailer with $5.2 bln bid- sources
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UPDATE 1-Sears chairman prevails in bankruptcy auction for retailer with $5.2 bln bid- sources

15 Jan UPDATE 1-Sears chairman prevails in bankruptcy auction for retailer with $5.2 bln bid- sources

Posted at 09:07h in News by
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Sears Holdings Corp
Chairman Eddie Lampert prevailed in a bankruptcy auction for the
U.S. department store chain with an improved takeover bid of
roughly $5.2 billion, allowing the 126-year-old retailer to keep
its doors open, people familiar with the matter said Wednesday.

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