{"id":4066,"date":"2018-08-23T13:33:42","date_gmt":"2018-08-23T18:33:42","guid":{"rendered":"http:\/\/hoorfarlaw.com\/blog\/?p=4066"},"modified":"2018-08-23T13:33:42","modified_gmt":"2018-08-23T18:33:42","slug":"kenmore-to-be-bought","status":"publish","type":"post","link":"https:\/\/hoorfarlaw.com\/blog\/?p=4066","title":{"rendered":"Kenmore to be Bought"},"content":{"rendered":"<p>Reuter&#8217;s recently reported that a hedge fund owned by Sears CEO Eddie Lampert has offered to buy the Kenmore brand for $400M in cash.<\/p>\n<p>The offer was made in a letter to Sears&#8217; board last week on August 14th.<\/p>\n<p>ESL Investments has also made an offer to by the appliances brand for as much as $80M, <img loading=\"lazy\" decoding=\"async\" class=\"alignright\" src=\"https:\/\/www.gannett-cdn.com\/-mm-\/18de48b663a6b25a32df70943e93216236927133\/c=189-105-1493-842\/local\/-\/media\/2017\/06\/07\/USATODAY\/USATODAY\/636324292316806579-XXX-Sears-Holdings--Eddie-Lampert.jpg?width=3200&amp;height=1680&amp;fit=crop\" alt=\"Image result for sears ceo\" width=\"360\" height=\"189\" \/>also in cash.<\/p>\n<p>Lampert stated in April that Sears should sell its Kenmore brand, home improvement businesses and real estate, and that ESL Investments would bid in any sale.<\/p>\n<p>Sears formed a special committee in May to explore the proposal.<\/p>\n<p>If you have a struggling business, contact our law office at 816-524-4949 or visit our website at Hoorfarlaw.com.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuter&#8217;s recently reported that a hedge fund owned by Sears CEO Eddie Lampert has offered to buy the Kenmore brand for $400M in cash. The offer was made in a letter to Sears&#8217; board last week on August 14th. ESL &hellip; <a href=\"https:\/\/hoorfarlaw.com\/blog\/?p=4066\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4066","post","type-post","status-publish","format-standard","hentry","category-general"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4066","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4066"}],"version-history":[{"count":3,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4066\/revisions"}],"predecessor-version":[{"id":4075,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=\/wp\/v2\/posts\/4066\/revisions\/4075"}],"wp:attachment":[{"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4066"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4066"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hoorfarlaw.com\/blog\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4066"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}