Fund Run by Sears C.E.O. Lampert Urges Action to Avoid Retailer’s Bankruptcy

Fund Run by Sears C.E.O. Lampert Urges Action to Avoid Retailer’s Bankruptcy

Edward Lampert’s hedge fund, which owns big chunks of the company’s shares and debt, suggests selling stores and asking lenders to take equity stakes.

Leave a Reply

Your email address will not be published. Required fields are marked *