(CNBC) Sears Holdings has landed a fresh line of credit, valued at $200 million, from its CEO Eddie Lampert’s hedge fund, the retailer said Monday. Sears’ stock climbed about 9 percent higher Monday morning following this news.
Sears Inks $200m Credit Line From CEO Eddie Lampert’s Hedge Fund, Shares Jump 9%
This entry was posted in Syndicated. Bookmark the permalink.
