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Post# of 43522
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Kimbrown

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Kimbrown

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Thursday, 10/08/2020 3:22:01 PM

Thursday, October 08, 2020 3:22:01 PM

Post# of 43522
One option- First lien majority creditors and debtors valued jcp real estate of 160 stores and distribution centers for 1B. It is a gross undervaluation. To value jcp real estate fairly and have real market value as prop co, prop co should be auctioned as the op co , the prop CO's value will pay for the first lien creditors, any value above first lien debts is owned by jcp's other stakeholders.
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