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119 JC Penney stores, including 3 in PA, sold for $947M. Is Bucks County store affected?
Five years after filing for bankruptcy, JCPenney will sell 119 stores, including three in Pennsylvania, to a Boston private equity firm for $947 million to pay its creditors. Copper Property CTL Pass Through Trust announced the all-cash sale to an affiliate of Onyx Partners,
Nearly five years after JCPenney filed for bankruptcy, a Boston-based private equity firm is acquiring 119 of its store properties for $947 million.
Currently, all 119 JCPenney stores that are being sold remain open. It's unclear what was planned for those locations in the ...
The JCPenney location at 6910 Fayetteville Rd Ste 600, Durham, is the only NC store being sold. Mike Snider and Sara Chernikoff, USA TODAY, contributed to this report. Iris Seaton is the trending news ...
Onyx Partners of Boston has entered into a binding purchase and sale agreement to acquire 119 JCPenney stores from Copper ...
The JCPenney at SouthPark Mall in Strongsville is among 119 of the chain's stores nationwide that will have a new owner once a transaction closes on or before Sept. 8.
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