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Exclusive: Sears says it has secured a $250 million lifeline, will close 96 stores – Yahoo Finance

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Exclusive: Sears says it has secured a $250 million lifeline, will close 96 stores – Yahoo Finance

By Mike Spector and Jessica DiNapoli
NEW YORK (Reuters) – Sears told Reuters on Thursday it had won a $250 million (£195.05 million) lifeline from lenders that include billionaire owner Eddie Lampert, and will close additional stores, as mounting losses stra…

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