Elgin Business
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Sears sees last-gasp rescue bid as it barrels toward total collapseJan 08, 2019 12:00 am - The legendary retail giant Sears will review a revised rescue bid from its chairman, Eddie Lampert, before moving forward on total liquidation, giving the hedge-fund bil...
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Wine and Dine To Support Clearbrook!Jan 07, 2019 10:00 pm - See, swirl, smell and sip all evening at the 55th annual "A Grapevine of Friends" Wine & Craft beer tasting event held on Saturday, Feb. 23. This year, the event will be...
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Sears prepares for possible liquidation as ESL bid failsJan 06, 2019 12:00 am - Sears Holdings Corp. is preparing to potentially wind down the iconic retailer after Chairman Eddie Lampert's bid to buy several hundred stores out of bankruptcy fell sh...
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Entre brokers Round Lake Beach building saleJan 05, 2019 12:00 am - ROUND LAKE BEACH - Entre Commercial Realty LLC recently brokered the sale of 1880 Circuit Drive in Round Lake Beach to complete the disposition of a three building portf...
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District 220 still has concerns about AT&T campus redevelopmentJan 04, 2019 4:00 am - The next step in the redevelopment of the former AT&T campus in Hoffman Estates into a self-contained community of businesses and multifamily housing called “City Works”...
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It's Judgment Day for Eddie Lampert's last-ditch Sears rescue planJan 04, 2019 12:00 am - Eddie Lampert has filled in the blanks on his own $4.4 billion rescue bid for Sears, but a couple of key numbers were still missing less than a day before a key court de...
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Barnes & Noble-Spring Hill Mall offers Educator Appreciation Days in JanuaryJan 02, 2019 10:00 pm - To celebrate prekindergarten to 12th-grade public, private and home-school educators and administrators, Barnes & Noble Spring Hill Mall will host the return of Educator...
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Cyrus, Omega call truce in Sears CDS fight after settling tradesJan 02, 2019 12:00 am - A bankruptcy judge approved Sears Holdings Corp.'s sale of notes to Cyrus Capital Partners even as he called the outcome "odd," ending a chapter in the hedge fund's effo...
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Middleby acquires EVO AmericaJan 02, 2019 12:00 am - ELGIN - The Middleby Corp. has acquire EVO America, Inc. a Portland, Ore.-based designer and manufacturer of ventless cooking equipment for the commercial food service i...
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Lampert's hedge fund says bid submitted to save SearsDec 27, 2018 10:00 pm - NEW YORK — Sears Chairman Eddie Lampert's hedge fund said it submitted a last-minute bid Friday valued at $4.4 billion to keep the struggling retailer from being liquida...