bankrupt chain

Sears’ biggest holder bids $4.6B for rest of bankrupt chain

Eddie Lampert and his ESL Holdings hedge fund are offering to buy the rest of Sears for up to $4.6 billion in cash and stock. The Sears chairman and ESL own just under half of the Hoffman Estates, Illinois, company, according to FactSet. Sears filed for Chapter 11 bankruptcy protection in October, weighed down by … Continue reading Sears’ biggest holder bids $4.6B for rest of bankrupt chain

WASHINGTON | The Latest: Eyes on Kentucky as early sign on House shift

WASHINGTON — The Latest on elections to the U.S. House of Representatives (all times local): 8:50 p.m. In Indiana, Greg Pence, an older brother of Vice President Mike Pence, has won a heavily Republican House seat that his famous sibling once held. The 61-year-old Pence, an owner of two antique malls, defeated Democrat Jeannine Lee … Continue reading WASHINGTON | The Latest: Eyes on Kentucky as early sign on House shift