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Servicecom Bids For Sears Home Improvement Business - Latest News


Service.com Bids for Sears Home Improvement Business

The most tangible signs to date of Sears Holdings Corp.'s sale effort appeared last week, with motions to aid asset sales and sell its Sears Home Improvement Products business ... Dec. 11 to match ... read more

Sears Gets $60M Floor Bid For Home Improvement Business

should the bid to auction off the home improvement business succeed. The business to be sold provides home improvement services, including flooring, kitchen remodeling and home exterior replacements. ... read more

Sears Home Improvement auction canceled due to lack of bids

A planned auction of Sears Holdings Inc.’s home improvement business unit has been canceled because the retailer didn’t receive any qualified bids other than an earlier offer by Service.com. The U.S. ... read more

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Sears CEO makes a bid for Kenmore brand, home improvement business

The hedge fund has offered to buy Sears’ Kenmore appliances brand for $400 million. In addition, the firm also offered $80 million in cash for the Home Improvement (SHIP) business of the company’s ... read more


Court cancels auction of Sears home improvement business

The U.S. bankruptcy court of Southern District of New York on Wednesday canceled an auction of Sears' home improvement business after it did not receive any other qualifying bids. The business is ... read more

Sears Secures $60 Million Bid For Home Improvement Division

... Holdings is seeking the bankruptcy court’s approval to accept a $60 million “stalking horse” bid for its Sears Home Improvement business (SHIP). If the court approves the bid from Service.com, it ... read more

Sears sues former CEO Edward Lampert, claiming he stripped $2 billion in assets as it headed to bankruptcy

Here’s how to hear from the Trib on your smart speaker » The lawsuit was filed by the team winding down what remains of Sears’ business after Lampert ... starting with the 2011 spinoff of home ... read more

Sears Gets Approval For $60M Home Improvement Biz Sale

We don’t think there is a need for bid protection,” Sears counsel Ray Schrock said. Last month, the court granted Illinois-based Sears’ request to name Service.com as the stalking horse bidder for its ... read more

Sears forms committee for sale of Kenmore, home improvement unit

Last month, billionaire investor Eddie Lampert said in a letter to the company's board that it should sell these assets, adding that his hedge fund ESL Investments Inc would bid in any sale. Lampert, ... read more

Service.com bids $60 million for Sears’ home improvement business

Sears is in talks to sell its home improvement business to the company for $60 million. Robert A. Riecker, Chief Financial Officer and member of the Office of the Chief Executive, said the sale of the ... read more

Sears gets $60M `stalking horse' bid for home improvement business

Sears Holdings (OTCPK:SHLDQ) starts off the auction process for its Sears Home Improvement business by seeking court approval of a "stalking horse" asset purchase pact with Service.com for the unit. ... read more

Sears lands $60M bid for home services unit

The home improvement service unit, specifically, Sears described as a nationwide leader, with 2,000 professionals and contractors working for it. The "vast majority" of its assets are separate from ... read more



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