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Exclusive: Buyout firm Sycamore Partners in talks to buy J.C. Penney - sources

Exclusive: Buyout firm Sycamore Partners in talks to buy J.C. Penney - sources

Postby smix » Sun Jun 07, 2020 8:05 pm

Exclusive: Buyout firm Sycamore Partners in talks to buy J.C. Penney - sources
Reuters

URL: https://www.reuters.com/article/us-jc-p ... SKBN23C2V9
Category: businessNews
Published: Sat, 06 Jun 2020 04:33:33 -0400

Description: Private equity firm Sycamore Partners is in preliminary talks to acquire J.C. Penney Co Inc out of bankruptcy should the U.S. department store chain's negotiations with its creditors fail, three people familiar with the matter said on Friday.
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