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Jessica DiNapoli

Sears, chairman, lenders seek bankruptcy loan breakthrough: sources

05 Nov 2018

Sears Holdings Corp is in discussions with Chairman Eddie Lampert and lenders on a deal to expand a bankruptcy financing package that would help it avoid liquidation, people familiar with the matter said.

Sears directors tap Evercore to examine former CEO Lampert's deals -sources

26 Oct 2018

Two Sears Holdings Corp board directors have hired investment bank Evercore Inc to scrutinize deals that were led by former Sears Chief Executive Eddie Lampert with the U.S. retailer before it filed for bankruptcy protection, people familiar with the matter said on Friday.

REFILE-Sears directors tap Evercore to examine former CEO Lampert's deals -sources

26 Oct 2018

Oct 26 Two Sears Holdings Corp board directors have hired investment bank Evercore Inc to scrutinize deals that were led by former Sears Chief Executive Eddie Lampert with the U.S. retailer before it filed for bankruptcy protection, people familiar with the matter said on Friday.

Exclusive: Sears chairman Lampert seeks partner for bankruptcy financing - sources

22 Oct 2018

Sears Holdings Corp Chairman Eddie Lampert is in discussions with at least one potential partner to contribute to a $300 million bankruptcy loan the U.S. retailer is seeking, people familiar with the matter said on Sunday.

Bankruptcy judge approves financing to keep Sears open

16 Oct 2018

A bankruptcy judge on Monday approved $300 million in financing to keep department store chain Sears Holdings Corp open through the holiday season, giving the century-old retailer that once dominated U.S. shopping malls a chance to remain in business. | Video

Exclusive: Sears CEO steps in for bankruptcy financing - sources

15 Oct 2018

Sears Holdings Corp CEO Eddie Lampert has stepped in to contribute towards a financing package of between $500 million and $600 million that the U.S. department store operator was close to securing on Sunday to fund operations during bankruptcy proceedings, people familiar with the matter said.

Exclusive - Sears aims to close up to 150 stores in bankruptcy: sources

13 Oct 2018

Sears Holdings Corp is planning to close up to 150 of its department and discount stores and keep at least another 300 open as part of a plan to restructure under U.S. bankruptcy protection, people familiar with the matter said Friday. | Video

EXCLUSIVE-Sears aims to close up to 150 stores in bankruptcy-sources

12 Oct 2018

Oct 12 Sears Holdings Corp is planning to close up to 150 of its department and discount stores and keep at least another 300 open as part of a plan to restructure under U.S. bankruptcy protection, people familiar with the matter said Friday.

Exclusive - Sears CEO Lampert explores bidding for assets in bankruptcy: sources

12 Oct 2018

Sears Holdings Corp Chief Executive Officer Eddie Lampert is exploring a bid for some of the cash-strapped U.S. retailer's businesses and real estate once it files for bankruptcy, an alternative to a traditional court-supervised reorganization, people familiar with the matter said on Thursday. | Video

Sears skips payments to vendors amid bankruptcy concerns

12 Oct 2018

Sears Holdings Corp has started to miss payments to vendors, adding to concerns about its future after sources said the U.S. department store operator was preparing to file for bankruptcy in the coming days. | Video

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