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Sears Gets $300M From CEO Lampert as Losses Mount

Iconic retailer Sears Holdings last week announced that it would accept a loan offer of $300 million from Edward Lampert, the hedge fund manager who runs the company. The loan, from Lampert's ESL Investments, will help provide funds for the all-important holiday season and reassure lenders and vendors nervous about more than $9 billion in losses…

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