U.S. department store operator Sears has reportedly reached a deal for a fresh financial lifeline totaling roughly $100 million from hedge fund Brigade Capital Management LP, as it tries to stabilize after bankruptcy.
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30 published items with the word (s) or phrase ESL Investments Inc in News, Trends, Videos, Photo galleries, Agenda and sorted by "date descending".
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![]( "Sears snags new financial lifeline as losses continue - sources")
Sears snags new financial lifeline as losses continue - sources -
![]( "Sears secures $250 million lifeline, will close 96 stores")
Sears secures $250 million lifeline, will close 96 storesSears on Thursday said it had won a $250 million lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting losses strain the U.S. chain's finances.
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![]( "Lampert helps bankroll Sears as woes persist after bankruptcy - sources")
Lampert helps bankroll Sears as woes persist after bankruptcy - sourcesU.S. retailer Sears has borrowed about $150 million from lenders, including its billionaire owner Eddie Lampert, as it racks up losses less than a year after it emerged from bankruptcy protection.
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![]( "U.S. bankruptcy judge approves sale of Sears to Chairman Lampert")
U.S. bankruptcy judge approves sale of Sears to Chairman LampertA U.S. bankruptcy judge on Thursday approved Sears Holdings Corp Chairman Edward Lampert’s $5.2 billion takeover of the beleaguered retailer, allowing the department store chain to avert liquidation and preserve jobs.
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![]( "Sears makes case to judge for rescue deal with chairman Lampert")
Sears makes case to judge for rescue deal with chairman LampertSears department store chain took its fight for survival to a bankruptcy judge on Monday, arguing the proposed $5.2 billion sale to its chairman, Eddie Lampert, would help save 45,000 jobs and keep 425 stores open.
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![]( "Sears chairman Lampert wins bankruptcy auction for retailer with $5.2 billion bid")
Sears chairman Lampert wins bankruptcy auction for retailer with $5.2 billion bidSears said on Thursday its chairman Eddie Lampert won a bankruptcy auction for the U.S. department store chain with an improved takeover bid of $5.2 billion, allowing the 126-year-old retailer to keep its doors open.
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![]( "Sears chairman prevails in bankruptcy auction for retailer with $5.2 billion bid")
Sears chairman prevails in bankruptcy auction for retailer with $5.2 billion bidSears chairman Eddie Lampert prevailed in a bankruptcy auction for the chain with an improved takeover bid of roughly $5.2 billion, allowing the retailer to keep its doors open, sources said Wednesday.
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![]( "Sears chairman confirms new $5 billion bid to save bankrupt retailer")
Sears chairman confirms new $5 billion bid to save bankrupt retailerSears Holdings Chairman Eddie Lampert confirmed on Thursday he has made a new takeover bid of more than $5 billion for the company, an offer that may increase the likelihood the U.S. retailer will be able to stay open.
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![]( "Sears Chairman Lampert submits new roughly $5 billion bid for retailer")
Sears Chairman Lampert submits new roughly $5 billion bid for retailerSears Holding Corp Chairman Eddie Lampert submitted a revised roughly $5 billion takeover bid for the company on Wednesday, boosting the chances that the U.S. department store operator will escape liquidation.
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![]( "Sears to ask bankruptcy judge to liquidate")
Sears to ask bankruptcy judge to liquidateSears will ask a bankruptcy judge on Tuesday if it can proceed with liquidation after it could not reach an agreement on Chairman Edward Lampert's $4.4 billion takeover bid, sources said.
