BPY - HoustonNewMedia.org https://houstonnewmedia.org/tag/bpy/ Building "Bridges" Across the Bayou City! Wed, 11 Nov 2020 00:50:10 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://i0.wp.com/houstonnewmedia.org/wp-content/uploads/2022/11/cropped-cropped-Houston.png?fit=32%2C32&ssl=1 BPY - HoustonNewMedia.org https://houstonnewmedia.org/tag/bpy/ 32 32 103504436 JCPenney purchase approved by court, on track to operate under new ownership this month https://houstonnewmedia.org/jcpenney-purchase-approved-by-court-on-track-to-operate-under-new-ownership-this-month/?utm_source=rss&utm_medium=rss&utm_campaign=jcpenney-purchase-approved-by-court-on-track-to-operate-under-new-ownership-this-month Wed, 11 Nov 2020 00:50:10 +0000 http://houstonnewmedia.org/?guid=1d802deac50bb86b15da2549331d4bf3 J.C. Penney (NYSE: JCP) is slated to begin operating under new ownership by late November after the U.S. Bankruptcy Court approved an asset purchase agreement, the company announced Nov. 9.

In September, the Plano, Texas-based retail giant reached a d...

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]]> 88653 JCPenney sale moves forward, exit from Chapter 11 expected before December https://houstonnewmedia.org/jcpenney-sale-moves-forward-exit-from-chapter-11-expected-before-december/?utm_source=rss&utm_medium=rss&utm_campaign=jcpenney-sale-moves-forward-exit-from-chapter-11-expected-before-december Fri, 23 Oct 2020 12:31:12 +0000 http://houstonnewmedia.org/?guid=766b1a34221d9e151c3e69c4def723ee The sale of J.C. Penney Co. Inc. is getting closer to the finish line, the company announced this week.

JCPenney has filed a draft asset purchase agreement (APA), which tracks the terms of its previously announced letter of intent to sell the company ...

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