Detailed text transcripts for TV channel - FOXNEWS - 20190116:20:43:00
Bankruptcy option and will keep over 4, 500 sears store open. he upped the bid to $5.2 billion winning the auction and beating out a bid that would have sold sears for parts, liquidating everything for cash. that liquidation bid was supported by groups that are owed money like creditors and landlords. the judge has to sign off on the bid at a hearing february 1 in white plains, new york. the judge presiding over that, robert drain, has pushed for lampert to make this deal with sears and save these jobs. some creditors are not completely sold that this is a good idea and that this will revive s...