The fall is behind Sear's 125-year-old US iconic sales and lost more than 68,000 employees this year on October 15. On this occasion, the company has set the deadline for receiving its assets bids, at 4:00 p.m. Eastern (6:00 p.m. in Chile), otherwise liquidate them.
Experiences are left in these last-minute offers because it could be the CEO of Eddie Lampert. As reported by CNBC, mentioning the sources of the operation, Lampert would place $ 4,600 million on the table to buy a chain, through an ESL investment fund, which will also be the president.
The company, due to a bankruptcy of $ 11,000 million, had 700 stores at the time, 142 and November 40. If it is not specified and published by a different offer of Lampert or similar, according to the Securities and Commissions Committee (SEU), the liquidators will distribute the company.