Sears Files for Chapter 11 Bankruptcy - Wall Street Journal

Sears Files for Chapter 11 Bankruptcy
Wall Street Journal
It employs about 68,000 people. Sears owes its lenders and bondholders more than $5 billion and interest payments alone are costing the retailer $440 million a year. The bankruptcy filing came before Sears was required to repay $134 million in loans ...
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