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Just when it seemed like Sears was finally going to be put out of its misery, a judge in U.S. bankruptcy court has reportedly given chairman Eddie Lampert’s firm ESL Investments one more day to revise its $4.4 billion bid for what’s left of the long-suffering retailer.
Sears agreed to consider a revised bid from Lampert, along with other bids in an upcoming bankruptcy auction, reports note in a hearing in White Plains, New York, on Tuesday.