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.
Date: Jan 10, 2019
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?