A U.S. bankruptcy court judge approved J.C. Penney moving ahead with a long-awaited asset purchase agreement with Simon Property Group, Toronto-based Brookfield Asset Management and some lenders, setting the retailer up to emerge from bankruptcy before the holiday shopping season.
Bankruptcy Judge Approves Simon-Brookfield Bid to Buy J.C. Penney Assets
Deal Puts J.C. Penney on Path to Exit Chapter 11 Bankruptcy in Late November
CoStar News
November 10, 2020 | 6:59 P.M.
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- Properties
- The Park at Legacy
6501 Legacy Dr, Plano, TX