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Eddie Lampert's fund relied on Cyrus in Sears



Sears Chairman Eddie Lampert collaborates with Cyrus Capital Partners in his bid on Sears Holdings, Bloomberg reported Wednesday.

1; through a so-called credit bid – it can also be pushback from lenders. Some see credit bids as giving investors who buys an ub eager company debt at cheap prices an unfair advantage.

A spokesman for ESL refused to comment on CNBC, as a spokesman for Sears Holdings. Cyrus Capital did not have a comment.


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