Sears shares drop 15% on report lenders are pushing for liquidation

Sears Holdings met with lenders Wednesday, and the meeting ended without an agreement to keep the department store operating, according to a report in the Wall Street Journal.

Citing people familiar with the matter, the paper said a group of lenders is pushing to liquidate the company.

Sears shares fell more than 15 percent to 41 cents.

This story is developing. Please check back for updates.

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