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    Sears CEO Edward Lampert's fund offers to buy Kenmore, other assets

    by Corilyn Shropshire and Lauren Zumbach, Chicago Tribune Apr 23, 2018 3 minutes

    CHICAGO - The hedge fund run by Sears CEO Edward Lampert has offered to buy the retailer's popular appliance brand Kenmore and other Sears divisions, moving to break up the company after it failed to find other buyers for the assets.

    Sears said it has received a letter from ESL Investments suggesting that it acquire all or a portion of its Kenmore brand, the home improvement business of the Sears

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