Sears’ controversial ex-chairman closes deal to buy the company, keeping 425 stores open – USA TODAY

CLOSE With Sears filing for bankruptcy and so many stores closing, the end may be drawing near for the iconic American retailer. Many of us aren’t ready. USA TODAY It’s official: A hedge fund helmed by Sears’ controversial ex-CEO has closed the deal to buy the beleaguered company for $5.2 billion. A federal bankruptcy judge…

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