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ESL’s Eddie Lampert Wants To Take Over Sears
There are strings attached to ESL’s $1.8 billion credit bid in a $4.6 billion plan to reboot the iconic retailer.
Sears chairman Eddie Lampert and his hedge fund ESL Investments — the retailer’s largest shareholder and creditor — has come forward with an ambitious plan to take over a truncated Sears Holdings in a deal valued at $4.6 billion.As part of the total, ESL wants to swap $1.8 billion of
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