News

Sears is giving Chairman Eddie Lampert another chance to buy the company out of bankruptcy and save roughly 55,000 jobs. Sears on Tuesday had planned to tell the bankruptcy court it had rejected ...
Edward Lampert, the Sears chief executive whose hedge fund owns big chunks of the company’s debt, suggests selling stores and asking lenders to take equity stakes. By Michael Corkery ...
Sears Chairman Eddie Lampert's hedge fund said it submitted a last-minute bid Friday valued at $4.4 billion to keep the struggling retailer from being liquidated.
Sears will live on, at least for now, after company chairman Eddie Lampert won tentative approval for a $5 billion plan to keep the ailing, 132-year-old department-store chain in business.
Eddie Lampert has always put his money where his mouth is, and his position in Gap (GPS) is no different. The founder of RBS Partners and Chairman of Sears Holdings (SHLD) bought 4.26 million of ...
ROCKFORD, Illinois -- Sears Chairman Eddie Lampert has put in a last minute bid to save the company. The retailer is fighting to keep its doors open. Lampert's $4.4 billion deal came just ahead of ...
At this point, Lampert holds more than 31 million shares of Sears stock worth roughly $370 million. But Lampert is showing no signs of hedging his massive bet on Sears. As recently as November 30 ...
Eddie Lampert is brilliant. I finally figured out what he's doing, and I'm not going to say, nor will you find it. I'll give you one clue, listen to the Fairholme CC and there's a hint. that is all.
Eddie Lampert’s hedge fund is interested in scooping up Sears Holdings’ real estate for $1.8 billion, as well as some other assets, if its offer to buy the company out of bankruptcy as a going ...
BOSTON — Hedge fund manager Edward Lampert likes to buy undervalued companies and pursues what sounds like a simple plan that has earned him millions and a spot as one of America's top investors ...
Sears Holdings Corp's controlling shareholder Eddie Lampert met with Ford Motor Co CEO Alan Mulally earlier this year to seek advice on how to turn around the ailing retailer, two sources familiar ...
Sears <SHLD.O> will have "more than enough" access to credit markets and can take steps to generate cash if needed should the economy worsen, controlling shareholder and Chairman Edward ...