'This is all a sham': Ex-Sears executive says the CEO's new bid to revive Sears will kill off the 125-year-old retailer once and for all (SHLD)

AP

• Sears CEO Eddie Lampert wants to buy Sears' Kenmore brand, its home-improvement business, its Parts Direct division, and some or all of the company's real estate through his hedge fund, ESL Investments.
• One of Lampert's critics, former Sears Canada CEO Mark Cohen, says the deal is a "sham" and would kill off the 125-year-old retailer by stripping Sears of some of its last remaining brands and real estate.
• "They keep pulling more rabbits out of the hat to keep this thing alive," said Larry Perkins...