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119 JCPenney stores sold to Boston private equity firm. 3 Connecticut locations included
Three Connecticut locations will be included in the sale of 119 JCPenney stores to a Boston-based private equity firm later this summer. An affiliate of Onyx Partners, Ltd. will pay $947 million in cash for the stores, which are located across the country, the Copper Property CTL Pass Through Trust announced on July 25.
A half-dozen JCPenney buildings in Michigan are part of a nearly $1 billion pending private equity deal for more than 100 of ...
JCPenney is selling over 100 stores to a Boston-based private equity firm for $947 million, with two locations in Tennessee.
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