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Simon, Brookfield reach deal with lenders to acquire bankrupt J.C. Penney - Indianapolis Business J

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Simon, Brookfield reach deal with lenders to acquire bankrupt J.C. Penney - Indianapolis Business J

The tentative rescue deal, which would preserve about 70,000 jobs, includes a $300 million equity investment by landlords Simon Property Group and Brookfield Property Partners, a lawyer for J.C. Penney said at a Wednesday bankruptcy hearing in Texas.

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Simon, Brookfield reach deal with lenders to acquire bankrupt J.C. Penney - Indianapolis Business J

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Simon, Brookfield reach deal with lenders to acquire bankrupt J.C. Penney - Indianapolis Business J

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