Skeptical of rumors that PE firms might take Sears (SHLD +8.2%) private, Imperial Capital's Mary...

|About: Sears Holdings Corporation (SHLD)|By:, SA News Editor

Skeptical of rumors that PE firms might take Sears (SHLD +8.2%) private, Imperial Capital's Mary Ross Gilbert tells CNBC the retailer has bigger issues that could make a going-private transaction impossible, "including significant cash burn with rapidly deteriorating financial performance and reduced liquidity, particularly if the major vendors become reluctant to fund holiday 2012 shipments."