Lampert’s plan B for Sears includes partial liquidation

Sears Chairman Edward Lampert has proposed two plans to keep the retailer going in some fashion. In addition to a $4.4 billion bid to take over 425 stores, a deal that would be partially financed by $1.8 billion in credit, Lampert also outlined a backup plan that would include partial liquidation and keep 250 stores open. Read the CNBC story here

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