Sears: The Break-Up Plan Continues Without Any Payoff For Equity Holders
May 24, 2013 at 10:14 AM EDT
Sears Holdings (SHLD) continues its unofficial, informal break-up plan as it struggles to maintain adequate liquidity amid a money-losing core business. The company’s stock is the largest loser in the S&P 500 today as first quarter results showed EBITDA of about break-even. Chairman and majority shareholder Eddie Lampert has assumed the CEO position, but without [...] Related Posts: The Sears Holdings Dismantling Begins… Years Too Late Should Investors Revisit Sears Holdings Now That Eddie… Sears, Urban Outfitters Smart to Consider Rival Bids for J.… Even With Ron Johnson Out As CEO, No Closer To JC Penney… Motorola Continues Questionable Turnaround Strategy The post Sears: The Break-Up Plan Continues Without Any Payoff For Equity Holders appeared first on Peridot Capitalist .