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Description: Sears Chairman Eddie Lampert has submitted a revised bid of roughly $5 billion in a last-ditch attempt to save the retailer from liquidation, according to a person familiar with the matter.

Source: CNBC.com

Date: Jan 10, 2019

Link: https://www.cnbc.com/2019/01/09/eddie-lampert-reportedly-submits-revised-bid-of-roughly-5-billion-to-save-sears-from-liquidation.html

Questions for discussion:

  • Do you think liquidation or the $5 billion bid is better for shareholders?
  • What are the possible reasons motivating Eddie Lampert to present this bid?
  • Do you think there is a will to save Sears and continue operations?

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