Exclusive: Sears snags new financial lifeline as losses continue - sources
"(Reuters) - U.S. department store operator Sears has reached a deal for a fresh financial lifeline totaling roughly $100 million from hedge fund Brigade Capital Management LP, as it tries to stabilize after bankruptcy, people familiar with the matter said on Thursday."
Why would anyone want to lose $100 million?
What plan could they possibly have to, forget about doubling that plus, but even ever getting it back?