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Victory: Eddie Lampert’s $5.2 Billion Bid Rescues Sears from Bankruptcy

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ESL Investments CEO Eddie Lampert has emerged victorious in the Sears Holding Corporation bankruptcy auction with a $5.2 billion bid that potentially saves tens of thousands of jobs and keeps 425 Sears stores open across the United States. Sears Shares Leap after Lampert Wins Bankruptcy Auction Earlier in January, CCN reported that Lampert was granted

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* First published on ccn.com

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