By  on November 15, 2018

Sears Holdings Corp. might be worth more dead than alive, but it can still go ahead and try to sell the company as a going concern.

The bankruptcy court in White Plains on Thursday approved sale procedures provided by the company, a move that likely didn’t go well with the unsecured creditors committee. Despite the committee’s concern that a failed process would leave far less left available to pay unsecured claims, the approval means Sears could at least try to keep the business in operation and save American jobs.

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