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JCPenney to emerge from Chapter 11 under new owners

2020-10-29 11:59:00| Daily apparel & textile news and comment - from just-style.com

JCPenney has inked an asset purchase agreement (APA) with Brookfield Asset Management, Inc Simon Property Group, and a majority of its lenders in a move that paves the way for the completion of its financial restructuring.

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