J.C. Penney Acquisition by Simon, Brookfield Approved

$ 9.50

5
(195)
In stock
Description

A U.S judge has approved a deal to allow J.C. Penney to emerge from bankruptcy, preventing a massive liquidation of the retailer’s stores. A federal bankruptcy judge in Texas approved the deal on Monday, Reuters reported. As part of the deal, Simon Property Group and Brookfield Asset Management will acquire the struggling retailer for about […]

J.C. Penney Heads to Sale Hearing as Shareholders Dispute Value

JCPenney owners offer to buy archrival Kohl's for $8.6B

JCPenney owner's bid for Kohl's could be a risky move

Simon and Brookfield Pursue Kohl's to Join Rival J.C. Penney

Sale of J.C. Penney gets court approval

Simon CEO: JCPenney Ownership 'Will Be a Win-Win For Everybody

Mall owners Brookfield, Simon to rescue J.C. Penney from

Why Simon Property Group Is Acquiring Bankrupt Brands Like JCPenney

J.C. Penney rescue deal approved in bankruptcy court