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I truly don't understand what's in this for Lampert. Why does he keep trying to resuscitate the company he hastened to its deathbed? How does him offering $4.4

I truly don't understand what's in this for Lampert. Why does he keep trying to resuscitate the company he hastened to its deathbed? How does him offering $4.4B benefit him personally? That seems like pride/hubris/denial to think he could ever recoup that money or pull Sears out of the condition he put it in.

JTTR 8y ago
The scuttlebutt is that as the primary creditor, he's likely to get the lions share of Sears' real estate portfolio when the company defaults. https://www.wsj.com/articles/lampert-to-bid-for-sears-real-estate-if-rescue-attempt-fails-11546452228 https://www.wsj.com/articles/lampert-to-bid-for-sears-real-e...