Straight from the Top to FLS managers, minutes ago:
We wanted to provide you with a brief update on our restructuring process related to today’s deadline for qualified bids for Sears Holdings.
We have received several bids including one this afternoon from ESL Investments. In the coming days the Restructuring Committee of our Board of Directors will thoroughly review and evaluate all bids we have received. We will update you once a determination has been made on the next steps for Sears Holdings.
As always, we thank you for your continued support and hard work, especially during the busy holiday season. We know this process is difficult and that there are many distractions in the media, but we need to remain focused on serving our members. We appreciate all that you continue to do for Sears, our members, and each other.
Sincerely,
Rob Riecker, Chief Financial Officer
Leena Munjal, Chief Digital Officer
Gregory Ladley, President, Softlines
Office of the CEO
*Who else placed a bid besides Eddie?
What a joke!!!