Lampert’s Patient Run with Sears Holdings

ESL Investments’ Edward Lampert remains a staunch investor in Sears Holdings.


Long after top sell-side firms ceased covering Sears Holdings Corp. following its merger with Kmart Holding Corp. four years ago, ESL Investments stood pat. And it continues to do so. As of mid-April, the $10 billion Greenwich, Connecticut–based hedge fund firm held close to $3.5

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