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snoodog · 3074 days ago · link · · parent · post: Can Sears Survive? Maybe Not, Company Admits In Financial Filings
Sears has survived to its intended goal. The lootting has been completed by the vulture firm and the company survived long enough to get past the statute of limitations on clawbacks. After that the bond holders will get shafted and the company dissolved. Liabilities far outstrip assets at this point RIP sears so debt holders will get nothing but crumbs.