Lampert Tries to Save Sears — CNBC

Sears Chairman Eddie Lampert is putting forth plans to save the retailer from closure:

“Lampert has offered two options to try to keep the company afloat, a $4.4 billion plan that would save 425 locations and a less-ambitious proposal that would keep at least 250 of the little under 700 it had when it filed for bankruptcy in October.”

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