Sears looks to strengthen finances, or 'consider all other options'
by Lauren Zumbach, Chicago Tribune
Jan 10, 2018
2 minutes
After another holiday season of steep sales declines, Sears Holdings Corp. said it is trying to refinance more than $1 billion in debt and seeking other deals to strengthen its balance sheet.
But if those steps fail, the company's board "will consider all other options to maximize the value of its assets," the Hoffman Estates-based department store chain warned Wednesday in a news release.
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