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In Spite Of Objections, ESL's $5.2B Bid For Sears Approved

By Rick Archer ( February 7, 2019, 10:30 PM EST) -- A New York bankruptcy judge on Thursday approved ESL Investment Inc. 's $5. 2 billion bid for Sears Holdings Corp. over objections from the retail giant's unsecured creditors committee, saying the going-concern sale was the best option for the business. . . .

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