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Sears' Chairman Wants to Buy the Company for $4.6 Billion

Eddie Lampert, the chairman and former CEO of Sears (who some blame for the retailer’s current financial woes), wants to buy the embattled chain for $4.6 billion.

ESL Investments, Lampert’s hedge fund, said it had submitted the bid to the bankruptcy court in a statement Thursday...

Mentions: Board Chair Hedge Fund bankruptcy