{"id":75447,"date":"2020-09-01T00:55:33","date_gmt":"2020-09-01T04:55:33","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=75447"},"modified":"2020-09-01T01:31:17","modified_gmt":"2020-09-01T05:31:17","slug":"jc-penney-hits-stalemate-with-potential-buyers-lenders-to-make-bid-for-department-store-in-bankruptcy","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2020\/jc-penney-hits-stalemate-with-potential-buyers-lenders-to-make-bid-for-department-store-in-bankruptcy.html","title":{"rendered":"JC Penney hits \u2018stalemate\u2019 with potential buyers. Lenders to make bid for department store in bankruptcy"},"content":{"rendered":"\n<p>(CNBC) Talks to find a buyer for J.C. Penney have hit a \u201cstalemate,\u201d and time is running out to keep the department store chain alive, according to the company\u2019s attorney.&nbsp; Discussions with three potential bidders, including the mall owners <a href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=SPG\">Simon Property Group<\/a> and <a href=\"https:\/\/www.cnbc.com\/quotes\/?symbol=BPY\">Brookfield<\/a>, had been underway and could possibly keep hundreds of stores open for business.&nbsp;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2020\/08\/31\/jc-penney-lenders-to-make-bid-for-department-store-in-bankruptcy.html\">To read this article:<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Talks to find a buyer for J.C. Penney have hit a \u201cstalemate,\u201d and time is running out to keep the department store chain alive, according to the company\u2019s attorney.&nbsp; Discussions with three potential bidders, including the mall owners Simon [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-75447","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75447","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=75447"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75447\/revisions"}],"predecessor-version":[{"id":75461,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75447\/revisions\/75461"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=75447"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=75447"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=75447"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}