• Sears chairman Eddie Lampert has made two different proposals to save Sears from imminently liquidating.
  • Under the first proposal, Lampert would pay $4.4 billion for many of Sears’ assets, including 425 stores.
  • Under the second proposal, just 250 stores would remain open, according to a regulatory filing.
  • Sears had 687 stores in operation at the time of its bankruptcy filing in mid-October.

Sears chairman Eddie Lampert has made two different proposals to save Sears from imminently liquidating and closing all its stores.

Under the first proposal, Lampert would pay $4.4 billion for many of Sears’ assets, including 425 stores. This plan,…