Sears could announce plan to liquidate as soon as Tuesday

over 5 years in NY Post

Liquidation appears to be the fate of Sears and its chairman, Eddie Lampert. The Sears board rejected Lampert’s $4.4 billion bid Friday to acquire 425 Sears stores along with other assets of the bankrupt retailer — and a last-minute scramble to improve the offer has not moved the needle, sources tell The Post. Sears is...

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