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Reports–Sears Preparing to File Chapter 11 Bankruptcy
Reports–Sears Preparing to File Chapter 11 Bankruptcy
Tuesday night, the Wall Street Journal reported Sears Holdings (the parent company of Sears and K-Mart) has hired a firm to being bankruptcy proceedings. The report, which came after the markets closed on Wall Street, says Sears has hired M-III Partners to prepare the move, which could come as early as the end of this week...