Kmart's best hope may be largest shareholder

05/15/2003 | Bloomberg Businessweek

Analysts are wary of Kmart's potential for surviving and becoming profitable following its recent emergence from bankruptcy. Some argue that having Edward Lampert at the helm, whose fund owns about 50% of Kmart, is the company's strongest asset right now, as he is known for turning around slow businesses and bringing them back into the black.

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