There are whispers that employees at all three companies are going to going to eliminate redundancies at all three companies with Seritage's new CEO coming over from Olshan. They say that Eddie Lampert sees no reason to pay for three separate real estate management, accounting, legal and finance, teams doing the exact same thing, and Olshan has a record of maximizing returns unlike Sears Real Estate and Seritage, and may actually be able to take advantage of the Sears Holdings net operating losses tax advantages.
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“...going to going to eliminate redundancies...”
OP are you really that clever? Haha
He'd have to wait until Olshan either acquires Seritage or Seritage acquires Olshan. He can't eliminate positions at a company he doesn't own. Just because the CEO of Olshan quit Olshan and joined Seritage doesn't make the 2 companies automagically one.