Eddie Lampert’s deal to buy Sears approved, retailer given second life

ESL has said the $5.2 billion deal to buy the company will save 425 stores and roughly 45,000 jobs. Judge Robert Drain, of the U.S. Bankruptcy Court for the Southern District of New York, said he expects to enter the order on Friday, thereby making it official.

https://www.cnbc.com/2019/02/07/eddie-lamperts-deal-to-buy-sears-approved-retailer-given-second-life.html