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U.S. Pension Insurer Slams Lampert Bid for Sears

Wall Street Journal - 28 Jan 2019 04:54
U.S. Pension Insurer Slams Lampert Bid for Sears The Pension Benefit Guaranty Corp. says a $1.7 billion funding gap should sink Chairman Edward Lampert's efforts to buy out the chain. It's the latest and most influential creditor to oppose the sale.
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