09-10-2020, 01:23 AM
Mall owners Simon Property Group and Brookfield Property Group have an agreement to buy JCPenney out of bankruptcy.
The companies said on Wednesday.
They intend to acquire " substantially all of JCPenneys retail and operating assets" for $1.75 billion with a combination of cash and debit the companies said.
https://www.cnn.com/2020/09/09/business/...index.html
The companies said on Wednesday.
They intend to acquire " substantially all of JCPenneys retail and operating assets" for $1.75 billion with a combination of cash and debit the companies said.
https://www.cnn.com/2020/09/09/business/...index.html