Sears begins exploring sale of Kenmore, other divisions
by Lauren Zumbach, Chicago Tribune
May 14, 2018
2 minutes
Sears is considering selling its popular Kenmore appliance brand and other divisions after the hedge fund run by CEO Edward Lampert expressed interest in buying them and breaking up the company.
Sears' board is beginning a formal process to explore the sale of three pieces of the business Lampert's ESL Investments expressed interest
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