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Sears Saga Continues as Lampert Fights to Skirt Liquidation

Eddie Lampert’s ESL Investments hedge fund is planning to submit a new, higher bid to keep Sears Holdings Corp. in business. Advisers for the hedge fund are drafting a bid that would satisfy conditions set in U.S. bankruptcy court on Tuesday, said a person with knowledge of the matter. ESL is planning to disclose its…

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