Sears liquidation looms after $4.4bn takeover deal faulters

Assets to go up for auction on 14 January after bankruptcy judge gives financier Edward Lampert more time to improve offer Sears, once the ... thumbnail 1 summary

Assets to go up for auction on 14 January after bankruptcy judge gives financier Edward Lampert more time to improve offer

Sears, once the world’s largest retailer, appears to be heading into liquidation after failing to reach a $4.4bn takeover deal with the financier Edward Lampert.

Related: Laid-off Sears workers left with nothing – and they say wealthy bosses are to blame

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from US news | The Guardian http://bit.ly/2QxMqlA

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