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Sears may be filing for bankruptcy – and its stock price is now around 40 cents

CBS News
Sears may be filing for bankruptcy – and its stock price is now around 40 cents

Sears is considering filing for bankruptcy protection as soon as this week as it faces a large debt repayment on Monday, reports The Wall Street Journal. Shares of Sears Holdings Corp. plunged as much as 31 percent in pre-market trading. The company has hired advisory firm M-III Partners LLC to prepare