Lampert takes another swing with tweaks to Sears bid

HOFFMAN ESTATES, Ill. — Sears Holdings Corp. agreed this week to consider a modified bid from Chairman Eddie Lampert, halting at least temporarily a liquidation process. The troubled retailer rebuffed Lampert’s last offer of $4.4 billion, triggering a rush of what a Sears attorney described as round-the-clock negotiations. Sears will consider the revamped offer next week: if it declines again, Lampert will forfeit more than $17 million of his deposit.

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