Edward Lampert told the board he would be willing to seek a buyer for his 55% stake if the board doesn’t choose to sell the entire company, the company said.
Lands' End (NASDAQ:LE) shot up in early trading on Tuesday after ESL Partners and Eddie Lampert sent a letter to the board pushing the retailer to consider a sale. Lampert said he firmly believes that ...
Lands’ End confirmed that it has received a letter from Edward Lampert requesting that the Company initiate a strategic sale process to ...
Sears has imploded under the leadership of former Wall Street wunderkind Edward S. Lampert. Lampert merged Sears and Kmart in 2005 and later sold off some of the company's key real estate and ...
Lampert owns 17.1 million shares of the company, giving him a stake of more than 53.3 percent. Josephine Linden, chair of the Lands’ End board, said in a statement: “The Lands’ End board of ...
The maneuver by the board comes after being pressured for a sale by its majority shareholder, Edward "Eddie" Lampert.
A billionaire investor issues an ultimatum, triggering an 18.6% surge--Is Lands' End on the brink of a major buyout?
Dodgeville-based Lands' End's largest shareholder is Edward Lampert, the billionaire former chairman of Sears, which once owned Lands' End. Lands' End Inc.'s largest shareholder wants the company ...
Hedge fund investor Eddie Lampert has a way with companies. He gets rich as the number of outstanding shares shrinks. WSJ's John Jannarone makes a stop on Mean Street to explain.
Lands’ End investors approved and pushed shares of the company up 13.1 percent to $12.64 on Tuesday, giving the firm a market capitalization of $391 million. Lampert owns 17.1 million shares of the ...
Lands' End (NASDAQ:LE) shot up in early trading on Tuesday after ESL Partners and Eddie Lampert sent a letter to the board pushing the retailer to consider a sale. Lampert said he firmly believes ...
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