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Tag: Simon and Brookfield

This is How Jc Penney Could Be Rescued From Bankruptcy
September 11, 2020 Sophia Vida
Company News

This is How Jc Penney Could Be Rescued From 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”

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