Onyx Partners remains committed to closing the acquisition of 117 JCPenney stores while owner Copper Property states the ...
More than 100 JCPenney stores face an uncertain future after a $950 million deal to sell the locations to a private equity ...
It is unclear exactly why the dell fell through. The entities involved announced the deal in July and planned to close the ...
WASHINGTON — A $947 million deal to sell 117 JCPenney stores is in danger of collapse after a Boston-based private equity ...
Once a mall staple and a go-to department store for generations of families since 1902, JCPenney has endured turbulent years ...
When it was announced in July, the deal to private equity firm Onyx Partners faced questions from investors over the selling ...
The deal was formed during JCPenney’s 2020 bankruptcy. In July 2025, the trust announced Onyx would acquire 119 stores for ...
A deal set to purchase more than 110 J.C. Penney locations will no longer move forward, according to court filings.
More than 100 JCPenney stores, including the Owasso location, face an uncertain future after a sale deal falls through, ...
Neither J.C. Penney nor Onyx has provided an explanation for why the deal fell through, the report states. The retailer currently operates approximately 650 stores across the United States and Puerto ...
It’s been a long difficult road for JCPenney JCP. For the past few decades, the department store has struggled to find its audience and its identity. But last week’s news that the bankrupt retailer is ...
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