WASHINGTON — A Boston-based private equity firm is purchasing 119 JCPenney stores for nearly $1 billion, about five years after the retailer filed for bankruptcy. Onyx Partners, Ltd. will acquire the ...
JCPenney is selling off 119 stores nationwide in a nearly $1 billion deal. The all-cash sale, which amounted to $947 million, was to Boston-based private equity firm affiliated with Onyx Partners, Ltd ...
An affiliate of Onyx Partners is buying 119 JCPenney stores for $947 million, with the deal expected to close on September 8. All affected stores are currently open, but it's unclear whether they will ...