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Sears' (OTCPK:SHLDQ) unsecured creditors get their day in court today, protesting Eddie Lampert's $5.2B transaction to buy the 126-year-old retailer out of bankruptcy through his hedge fund ESL Investments - the only deal that would stave off liquidation.
In a litany of filings that piled up over the past two weeks, they have accused Lampert of everything from "stealing assets" to "years of misconduct" that reads like a "Shakespearean tragedy."
| Ticker | Company Name | Market Cap | PE Ratio | Div Yield | 1M Perf |
|---|---|---|---|---|---|
| SHLDQ | Sears Holdings Corporation | $59.86M | - | 0.00% | 8.51% |
| JCP | J.C. Penney Company Inc. | $416.33M | - | 0.00% | 0.00% |
| M | Macy's Inc. | $7.91B | 4.69 | 5.87% | -2.17% |
| KSS | Kohl's Corporation | $11.01B | 11.14 | 3.66% | -2.91% |
| SRG | Seritage Growth Properties | $1.44B | - | 2.48% | 0.17% |
| JWN | Nordstrom Inc. | $7.58B | 16.53 | 3.26% |
-2.33%
|
https://seekingalpha.com/news/3428900-hearing-determine-sears-future?dr=1#email_link
