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Billionaire who led Sears into bankruptcy offers to buy it

CBS News Thursday, 6 December 2018
Billionaire who led Sears into bankruptcy offers to buy itInvestor Eddie Lampert is offering $4.6 billion to take over the retailer, saying it would save thousands of jobs
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News video: Sears Chairman Lampert Offers To Buy Bankrupt Retailer

Sears Chairman Lampert Offers To Buy Bankrupt Retailer 00:31

Sears Holdings Corp Chairman Eddie Lampert’s ESL Partners LP has submitted a $4.6 billion bid to buy the bankrupt retailer, the hedge fund said on Thursday. Sears, which had filed for bankruptcy protection on Oct. 15, faces a Dec. 15 deadline to find a buyer to keep it in business, according to...

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