Exclusive: Sears to ask bankruptcy judge for approval to liquidate - sources

Sears Holdings Corp will ask a bankruptcy judge on Tuesday if it can proceed with liquidation after it could not reach an agreement on Chairman Edward Lampert's $4.4 billion takeover bid, casting doubt on the survival of the 126-year-old U.S. department store chain, people familiar with the matter said.

from Reuters: Business News https://reut.rs/2scFKje