Replies to post #38181 on Old Copper Co. Inc. (f/k/a CPPRQ/JCPNQ JC Penney)

[GBExpress]

This is a big reason why I think PE firms would be interested in JCP. A 100+ year old company, with a massive footprint, existing delivery channels, too much debt, and can generate $10 billion in sales a year? No one will be able to convince me that PE minds wouldn't be able to figure this out relatively easily. But so far, I'm not seeing any evidence of a PE firm stepping up and buying JCP, taking it private and turning around.