Sears dodges liquidation with buyout bid

    Photo: 李元顥

    Fox Business reports that Sears dodged liquidation last week following a buyout bid from its former CEO. Eddie Lampert is offering $1.5 billion in an effort to keep the 425 stores open that currently employ 50,000 people. Sears filed for bankruptcy in October. Read the full story here.




    Please enter your comment!
    Please enter your name here