Kmart Sears and ESL: How a Hedge Fund Became One of the Worlds Largest Retailers Harvard Case Solution & Analysis

Within 18 months of leaving bankruptcy, Kmart position was strong enough to start the purchase Sears, once the largest retail network in the country, as well as major an ESL. Looks at a number of topical issues related to the bankruptcy of Kmart, restructuring and revival under control ESL, a large hedge fund.

kmart case study solution

kmart case study solution

Presents some of the key indicators that Eddie Lampert, head of ESL, were available to him, as he made two decisions: first, in 2002, to collect the controlling interest arrears Kmart during perestroika, and secondly, 2004 to start capturing Sears. The first transaction illustrates the decision-making process for a financial buyer, including a lack of protection of property in Kmart, and the second transaction is a traditional strategic acquisition. Demonstration of an innovative use of real estate as a "hedge" for ESL in the case, retail combination makes the required financial results. Also focus on the role of investment bankers and all the more important that the hedge funds and LBO cut in M & market. "Hide
by David P. Stowell, Paul Stowell Source: Kellogg School Management 22 pages. Publication Date: August 16, 2005. Prod. #: KEL133-PDF-ENG

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Kmart Sears and ESL: How a Hedge Fund Became One of the Worlds Largest Retailers

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