November 29, 2018 Sophia Vida
Hot Stocks

Sears Chairman’s ESL Investments May Be Partnering Up to Make a Bid

According to a Bloomberg report on Wednesday, struggling retailer Sears’ chairman Eddie Lampert’s ESL Investments is partnering with Cyrus Capital Partners in a bid for the company. Court filings have revealed that Lampert has said his hedge fund, ESL Investments, is planning to buy roughly 500 of Sears’ stores, helping it to emerge from bankruptcy. … Continue reading “Sears Chairman’s ESL Investments May Be Partnering Up to Make a Bid”