Sears Gets Closer To Liquidation
According to Business Insider, Sears is inching closer to liquidation.
A long-standing liquidator is now first in line to start shutting down Sears Holding Company.
Sears board is currently negotiating with Chairman Edward Lampert over his $4.4 billion takeover bid.
If its unsuccessful, liquidators Closter, New Jersey-based Abacus Advisory Group LLC will step in.
They will sell the chain's vast inventories of tools, appliances and store fixtures.
A long-standing liquidator is now first in line to start shutting down Sears Holding Company.
Sears board is currently negotiating with Chairman Edward Lampert over his $4.4 billion takeover bid.
If its unsuccessful, liquidators Closter, New Jersey-based Abacus Advisory Group LLC will step in.
They will sell the chain's vast inventories of tools, appliances and store fixtures.