NEW YORK — Sears will live on — at least for now.Its chairman and biggest shareholder, Eddie Lampert, won tentative approval for a $5 billion plan to keep the ailing, 132-year-old department-store chain in business, fending off demands from creditors that it throw in the towel, according to a person familiar with the negotiations.
Sears Still Here As Chairman's Rescue Plan Wins Tentative Ok
The Associated Press, Times Herald-Record
Wed, 01/16/2019 - 6:54pm
Sections: u.s.
Topics: New York Orange County, NY Middletown
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