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Philter1972

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Philter1972

Re: emit post# 15457

Tuesday, 06/09/2020 8:11:51 AM

Tuesday, June 09, 2020 8:11:51 AM

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"David Kurtz, a Lazard Ltd. banker representing J.C. Penney, said during the hearing that “four major institutions” had signed confidentiality agreements to discuss working with the company and its lenders on the retailer’s restructuring. He did not name them.

Sycamore, Brookfield, Simon and Wells Fargo are the four unnamed parties, one of the sources said."




Buyout firm Sycamore Partners in talks to buy J.C. Penney – sources
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