Some Sears lenders pushing for liquidation


Sears Holding Corp. is reportedly close to filing for bankruptcy.

The Hoffman Estates, Illinois-based retailer (Nasdaq: SHLD), which still has some Central Florida locations, met with some of its lenders Wednesday night in New York City, according to The Wall Street Journal, to find the capital so it can keep operating.

But the talks were unsuccessful, the Journal reported, with lenders reportedly pushing for a chapter 7 liquidation bankruptcy filing over Sears' reported plan to cut back its store…

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