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Shares of Sears Holdings Corp. Spike on News of Lampert’s $5.2B Deal

Edward S. Lampert apparently won the Sears Holdings Corp. auction with a $5.2 billion bid, and the news sent shares of Sears jumping 43.2 percent in late-morning trading. Sears filed a voluntary Chapter 11 bankruptcy court petition on Oct. 15, and there’s been a push since then by some creditors to liquidate the company. Lampert,…

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