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Ed Lampert Case Summary

311 Words2 Pages
Ed Lampert’s decisions appear to be pure business decisions It can be argued that the decision to sell the real estate holdings to Seritage was purely a business transaction carried out with the only objective to provide substantial additional investment to the benefit of Sears Holdings and its shareholders. Separating a portion of Sears Holdings’ real estate portfolio into a new, publicly traded company, and leasing back the stores to Sears, actually enhances Sears Holding financial flexibility, significantly transforming its capital structure toward one that is more flexible and long term oriented and less fixed asset dependent. If another buyer had offered a price higher than $2.7 billion, Lampert, would have probably sold the stores to
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