Sears Holdings Corporation (NasdaqGS:SHLD) Chief Executive Officer Eddie Lampert is exploring a bid for some of Sears Holdings’s businesses and real estate once it files for bankruptcy, an alternative to a traditional court-supervised reorganization, people familiar with the matter said on October 11, 2018. Under this scenario Sears Holdings would initially avoid an outright liquidation, but would have to navigate the bankruptcy process without some of its key assets. Lampert is considering bidding for its Kenmore appliances brand and its home services business, in addition to some real estate, the sources said. Sears is also weighing a traditional bankruptcy reorganization, and no final decisions have been made, the sources added. The exact assets that Lampert might buy in bankruptcy remained in flux, the sources said. Sears is still negotiating potential financing to keep it afloat while under bankruptcy protection after discussions with banks on October 10, 2018 night failed to result in an agreement, the sources said. The sources declined to be identified because the deliberations are confidential. A Lampert spokesman declined to comment while a Sears spokesman did not immediately respond to a request for comment. Sears shares ended trading on October 11, 2018 down 30% at 34 cents, giving the company a market capitalization of just $37 million.