Win or lose, Sears' chairman may still come out on top

France Nouvelles Nouvelles

Win or lose, Sears' chairman may still come out on top
France Dernières Nouvelles,France Actualités
  • 📰 AP
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

NEW YORK (AP) — As Sears teeters on the brink of collapse, one man stands at the center of the fight for the future of the iconic retailer. Eddie Lampert plays several often-conflicting roles in what could be the final chapter for the company that began as a mail order watch business 132 years ago. He's been chairman, CEO, landlord, lender, and largest shareholder — all at the same time. If the company survives, he wins. If it ends up liquidating, he also wins.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

AP /  🏆 728. in US

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Eddie Lampert submits revised bid of roughly $5 billion in last-ditch effort to save SearsEddie Lampert submits revised bid of roughly $5 billion in last-ditch effort to save SearsThis latest attempt comes one day after Lampert's initial $4.4 billion bid to save Sears was rejected by the company.
Lire la suite »

Sears Chairman Eddie Lampert revises his bid to save the company, report saysSears Chairman Eddie Lampert revises his bid to save the company, report saysAmid an auction of its assets, Sears chairman Eddie Lampert has tweaked his bid for the beleaguered retailer according to Bloomberg
Lire la suite »

Sears reaches deal with Chairman Eddie Lampert to save company and roughly 400 storesSears reaches deal with Chairman Eddie Lampert to save company and roughly 400 storesSears Holdings reached a roughly $5 billion deal with Chairman Eddie Lampert early Wednesday morning to keep the company, and roughly 400 stores, in operations, according to a person familiar with the situation.
Lire la suite »

Court gives Sears new life, allows Chairman Eddie Lampert another chance to save retailerCourt gives Sears new life, allows Chairman Eddie Lampert another chance to save retailerSears is giving Chairman Eddie Lampert another chance to buy the company out of bankruptcy and save roughly 55,000 jobs.
Lire la suite »



Render Time: 2025-04-27 12:14:38