I doubt that most of us don’t know the possibilities, but here is an article that covers all of the possible outcomes of the bankruptcy auction. Sadly I see only one imminent outcome and think that everything else will just remain a possibility that could have happened but didn't.
https://www.chicagotribune.com/business/ct-biz-cb-sears-bankruptcy-auction-20190110-story.html
Goodread
We’ll survive- for 18-24 months, while he bleeds whatever is left dry. Once he uses the 11bil in NOLs up, he’s got no reason to keep Sears in operation, and he will privately liquidate it.
STOP WITH ALL THE DANN NEGATIVITY!! THERE IS A CHANCE WE CAN SURVIVE!! WE WILL COME BAKC FROM THIS WE WILL SURVIVE I HATE READING ALL YOUR HATRED AND HATE MESSAGES ON HERE!! GIVE IT TO EDWARD LAMPERT HE IS AT LEAST TRYING TO SAVE OUR COMPANY!!!
Lampert wanted these properties from the start, especially Kmart's. This is why so many Kmart locations have been sold, or the leases terminated. He only wanted company owned stores, so they could sell them. He had no intention of ever saving the company. Just look how he treated them. Their peak had 4,010 stores, and they're struggling now to find someone to take just 425? Notice how that's a nearly 90% DROP? Only 24 more closures, and it'll officially be just 10% that of its peak! Come on, there is no saving Sears and Kmart, their time has come all Fast Eddie did was make it the world's slowest liquidation.
Liquidation is not off the table. Just delayed for a few weeks or months. See TRU for the game plan. I work at HE I know.
You know it will not be liquidated. That IS off the table.
If Eddie wins, we all still lose. He could have headed off bankruptcy months ago with a lesser investment and better operating strategy if he was truly committed to keeping the company going. Why would he run the company any different now than he could've before bankruptcy? Anything in his bid suggest he's got a better operating plan? This is just Eddie frantically trying to buy the remainder of the assets at a discount and the evidence of prior real estate dealings that could possibly cost him more than $5B in personal wealth or even jail time. He even wrote that litigation protection into his bid. His former boss on Wall St was convicted of insider trading and the apple probably didn't fall far from the tree. He's buying his freedom with that $5B.
No Guarantee Sears and or the court accepts the bid,.
Deadline to file objections is today. Liquidation is still a possibility
The outcome of the auction has already been set: Eddie wins.
Per WSJ:
"Two sets of liquidation firms put in earlier bids to close the chain but didn’t meet the bidding requirements, two people familiar with the matter said. In court Tuesday, a lawyer for those firms asked Judge Drain if they would be able to participate in the auction, and the judge said that decision will be up to Sears."
Translation: they’re not going to be allowed to bid. One of them has already reportedly pulled their bid in the aftermath of that hearing.