Sears: The Demise of an American Icon
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In 2019, ESL Investments' offer to purchase Sears Holdings out of bankruptcy, was accepted, despite opposition. Was this the best outcome? In 2019, ESL Investments' $5.2 billion offer to purchase Sears Holdings out of Chapter 11 bankruptcy, was accepted, despite opposition from the company's unsecured creditors and other parties. ESL, which was led by Eddie Lampert, had acquired a stake in Sears following its 2005 merger with. Kmart. Lampert was chairman and CEO. During Lampert's ownership, Sears and Kmart shrunk their store base from 5,670 to 687 stores, and over 200,000 employees lost their jobs. Some attributed Sears' woes to a challenging operating environment, others argued that Lampert's actions over the last decade benefitted himself and other shareholders at the expense of other Sears stakeholders. Was a sale of the company to ESL the best outcome?
【書誌情報】
ページ数:40ページ
サイズ:A4
商品番号:HBSP-219106
発行日:2019/4/15
登録日:2020/1/23
