Can Sears be saved?
On Thursday, Aug. 25, Sears Holdings Corp., on the heels of another dismal quarter, announced it had accepted a capital infusion in the way of a $300 million loan by CEO Eddie Lampert’s hedge fund.
While the loan will help provide funds for the upcoming holiday season and reassure lenders and vendors, it has also renewed debate about whether — of if — Sears can be saved, according to aBloombergreport.
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