Sunday 20 January 2019
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channelnewsasia - 10 days ago

Exclusive: Sears chairman submits new roughly US$5 billion bid to save retailer - sources

Sears Holding Corp Chairman Eddie Lampert submitted a revised roughly US$5 billion takeover bid for the company on Wednesday, people familiar with the matter said, boosting the chances that the U.S. department store operator will escape liquidation.

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