The Wall Street Journal reported that Sears Holdings’ biggest lenders are pushing the retailer to liquidate its assets in a Chapter 7 bankruptcy filing.
According to the Journal, Sears’ lenders do not support reorganizing the company.
Bank of AmericaCitigroupSearswells fargo
BofA, Wells Fargo, Citigroup Push Sears to Liquidate
October 11, 2018
Bankruptcy Updates
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