Sears Chairman Eddie Lampert Isn’t Ready to Let Go

Sears chairman Eddie Lampert is working on a plan to fix the company that would center on him once again forking over cash to keep it afloat, according to a new report.

Lampert’s hedge fund ESL Investments has held discussions with investment firm Cyrus Capital Partners about putting up some of the cash for a $300 million loan the company needs, Reuters is reporting, citing people who claim to have knowledge of those talks. It’s unknown how much of the $300 million they could put up. The...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

Eddie Lampert [+]    Lampert [+]    ESL Investments [+]    Cyrus Capital Partners [+]    Reuters [+]   

More #news: