08-05-2008, 08:50 AM
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#38
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Next project: 1970 K10
Join Date: Feb 2004
Location: Fort Collins, Colo 80524
Posts: 6,685
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Re: Sears...... (Rant)S
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Originally Posted by caminokid
I was told that once....but if K Fart was bankrupt...they couldnt buy Sears. It takes money to do that.
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Quote:
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Originally Posted by rambler
nope, a bankrupt company can buy a larger company, funny how that works, they just did a stock buy out, $$$ never changed hands..
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Read my earlier post:
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Originally Posted by glock35ipsc
Eddie Lampert took control of K-Mart when it went bankrupt, then he bought Sears. He merged to two companies into the Sears Holdings Corporation. He also owns a HUGE stake in AutoZone and AutoNation through his holding company.
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