Eddie Lampert looking for potential acquistions

In recent years, the takeover of the K-Mart by Eddie Lampert and its merging with Sears later has produced impressive for Lampert's ESL partnership.Now,after several years of laying low,Lampert has made it clear that Sears is looking for potential acquisitions in the coming months.It will interesting to see what lies ahead for this billionaire value investor in the coming months.Here is a short excerpt from the recent shareholder AGM(2007)

"Responding to a shareholder question about his plans for the company's more than $2 billion in cash, Lampert said there are "a variety of options to deploy that."

"What will shake out, especially this year, really is going to depend on what the opportunity set is," he said."

(Excerpted from Yahoo Finance)

Link to the entire article

http://biz.yahoo.com/ap/070504/sears_shareholders.html?.v=1