Bankrupted JC Penney plans to spin its properties into separate real estate companyA piece of J.C. Penney's proposal to emerge from bankruptcy includes spinning its real estate into a publicly traded real estate investment trust.[Collection]
A piece of J.C. Penney's proposal to emerge from bankruptcy includes spinning its real estate into a publicly traded real estate investment trust.https://www.cnbc.com/2020/05/16/bankrupted-jc-penney-plans-to-spin-properties-into-new-real-estate-company.html
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