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Sears reportedly staves off liquidation —for now

Sears reportedly staves off liquidation —for now

Sears chairman Eddie Lampert reportedly submitted a $4.6 billion bid to buy the company and potentially save it from liquidation on Friday, hours before the deadline, according to CNBC and Reuters. The big picture: Lampert, who has received at least part of the blame for the department store chain’s demise, heads the hedge fund that is the retailer’s biggest…

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