HOFFMAN ESTATES — Eddie Lampert and his ESL Holdings hedge fund are offering to buy the rest of Sears for up to $4.6 billion in cash and stock.
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NEW YORK — Sears, once the nation's largest retailer, filed for Chapter 11 bankruptcy protection Monday, hurt by falling sales and its massive debt. The owner of Sears and Kmart stores says it will continue to operate through the bankruptcy.
“It’s been a rough week for Mattoon,” was the quote bandied about in the newsroom this week, what with the closings of St. Mary School, Dougla…