YOUR BUSINESS AUTHORITY
Springfield, MO
YOUR BUSINESS AUTHORITY
Springfield, MO
JCPenney CEO Jill Soltau yesterday said the company may exit the Chapter 11 bankruptcy process before the holiday season.
The company has filed a draft asset purchase agreement with mall owners Brookfield Asset Management and Simon Property Group.
Brookfield and Simon previously signed on to purchase JCPenney's retail and operating assets in an $800 million deal.
Read more from Fox Business.
A new office and warehouse center is taking shape in east Springfield.