Tag: jc penney bankruptcy

U.S. mall owners Simon and Brookfield could be saving JC Penney from bankruptcy in an $800 million deal according to a CNBC report. The owners are close to finalizing an $800 million deal to rescue J.C. Penney from bankruptcy which would avoid a total liquidation and save about 70,000 jobs and 650 stores. Simon owns … Continue reading “This is How Jc Penney Could Be Rescued From Bankruptcy”