A U.S. hedge fund, ESL Investments, has bought the struggling...
A U.S. hedge fund, ESL Investments, has bought the struggling Sears retail group in the U.S. for $5.2 billion in a bankruptcy auction. The assets include 223 Sears and 202 Kmart stores. ESL, which bought Sears through its affiliate Transform Holdco, said that the business it bought is made up ...
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