Lampert and ESL bid $4.6 billion for Sears
December 06, 2018 at 10:14 AM EST
"Sears is an iconic fixture in American retail and we continue to believe in the company’s immense potential to evolve and operate profitably," says Eddie Lampert, chairman of Sears Holdings Corp., and his ESL Investments hedge fund, which made a $4.6 billion bid for Sears.