Billionaire who led Sears into bankruptcy offers to buy it

Credit: CBS News- Published on December 6, 2018
Investor Eddie Lampert is offering $4.6 billion to take over the retailer, saying it would save thousands of jobs

Credit: Wochit Business
Published on December 6, 2018 -  00:31
Sears Chairman Lampert Offers To Buy Bankrupt Retailer
Sears Holdings Corp Chairman Eddie Lampert’s ESL Partners LP has submitted a $4.6 billion bid to buy the bankrupt retailer, the hedge fund said on Thursday. Sears, which had filed for bankruptcy protection on Oct. 15, faces a Dec. 15 deadline to find a buyer to keep it in business, according to court papers.

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