Houston Business News - Local Houston News | Houston Business Journal: JCPenney purchase approved by court, on track to operate under new ownership this month
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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