Sears' creditors registered their most forceful objection yet to Eddie Lampert's $5.2 billion bid to buy the bankrupt retailer, describing it as a "fantasy" in a 360-page court filing on Monday. The group of landlords, suppliers and lenders argue that a sale of Sears to its chairman would render the Sears estate insolvent and unable...
Sears' creditors registered their most forceful objection yet to Eddie Lampert's $5.2 billion bid to buy the bankrupt retailer, describing it as a "fantasy" in a 360-page court filing on Monday. The group of landlords, suppliers and lenders argue that a sale of Sears to its chairman would render the Sears estate insolvent and unable...
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