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ESL Investments Proposes Purchase of Sears Assets Including Kenmore

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ESL Investments, a primary lender for Sears Holdings, is pushing for the company to monetize its assets—and the hedge fund, which is headed by Sears’ CEO Eddie Lampert, expressed interest in buying them. On Friday, ESL Investments, which loaned the retail group $600 million in 2017, issued a letter to Sears reiterating its belief that…

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