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home / news releases / simon property brookfield set to buy j c penney in 8

SPG - Simon Property Brookfield set to buy J.C. Penney in $800M deal

Simon Property Group Inc.
  • U.S. mall owners Simon Property Group (SPG -1.7%) and Brookfield Property Partners (BPY +0.4%) are close to wrapping up an $800M deal to rescue J.C. Penney (OTCPK:JCPNQ +81.2%) from bankruptcy, Joshua Sussberg, a lawyer with Kirkland & Ellis, said at a court hearing this afternoon.
  • More news on: J. C. Penney Company, Inc., Simon Property Group, Inc., Brookfield Property Partners L.P., Consumer stocks news, Financial stocks news, Merger & acquisition news,
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Stock Information
Company Name: Simon Property Group Inc.
Stock Symbol: SPG
Market: NYSE
Website: simon.com
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