Sears Holdings Corp. is preparing to potentially wind down the iconic retailer after chairman Eddie Lampert’s bid to buy several hundred stores out of bankruptcy fell short of bankers’ qualifications, people with knowledge of the matter said.
The retailer started laying the groundwork for a liquidation after meetings Friday in which its advisers weighed the merits of a $4.4 billion bid by Lampert’s hedge fund to buy Sears as a going concern, said the people, who asked not to be identified because the discussions are private. …
https://www.bostonglobe.com/business/2019/01/06/sears-prepares-for-liquidation-after-takeover-bid-fails-sources-say/33YLwvnj8EHCfrVprbfncP/story.html?s_campaign=bostonglobe%3Asocialflow%3Atwitter
Pres. Trump said he "can relate" to the furloughed federal workers who won't be able to pay their bills if the shutdown continues: "I'm sure that the people that are on the receiving end will make adjustments, they always do."
https://twitter.com/ABC/status/1082013592097050627
Tonight
must watch