Sears' agony to be prolonged

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Abdul Alhazred
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Sears' agony to be prolonged

Post by Abdul Alhazred » Wed Jan 16, 2019 2:26 pm

Sears stays in business: Edward Lampert's hedge fund wins bankruptcy auction, saving retailer from liquidation
Chicago Tribune

The agreement, reached in the wee hours of Wednesday, caps two days of discussions behind closed doors in New York to determine whether Sears would be worth more dead or alive. Sticking points during the talks had included whether Lampert should be insulated from lawsuits over his previous turnaround deals for the company, Bloomberg previously reported. The final agreement does not include such a release for Lampert, the source said.

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Re: Sears' agony to be prolonged

Post by Anaxagoras » Thu Jan 17, 2019 12:09 am

They had a good run. They were the Amazon of their era.
A fool thinks himself to be wise, but a wise man knows himself to be a fool.
William Shakespeare

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Re: Sears' agony to be prolonged

Post by shemp » Thu Jan 17, 2019 12:14 am

And now they're like the 100-year-old guy in the nursing home who spends every waking moment screaming at everyone and shitting his diaper, and everyone wishes he would die, for both his sake and theirs. Let Sears die.
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Doctor X
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Re: Sears' agony to be prolonged

Post by Doctor X » Thu Jan 17, 2019 4:01 am

He is "feeling better!"

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