The retailer is flirting with collapse, eager for lenders to agree to buy its assets out of bankruptcy after talks broke down with potential bidders including landlords.
J.C. Penney Pitches Chapter 11 Sale to Lenders as Other Bidders Balk
Wall Street Journal - 1 Sep 2020 00:13
The retailer is flirting with collapse, eager for lenders to agree to buy its assets out of bankruptcy after talks broke down with potential bidders including landlords.
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