WASHINGTON — A $947 million deal to sell 117 JCPenney stores is in danger of collapse after a Boston-based private equity ...
Onyx Partners accused the seller, the Copper Property trust, of deliberately sabotaging the transaction so it could chase a ...
Onyx Partners remains committed to closing the acquisition of 117 JCPenney stores while owner Copper Property states the ...
A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.
FREEHOLD TOWNSHIP - The sale of JCPenney's anchor store at Freehold Raceway Mall is now in limbo after a $947 million deal to ...
Boston-area private equity firm Onyx Partners missed a Dec. 26 deadline to close on the $997M deal for 116 properties. It ...
The deal was formed during JCPenney’s 2020 bankruptcy. In July 2025, the trust announced Onyx would acquire 119 stores for ...
Onyx Partners, a Boston-based investment firm, was set to acquire 119 JCPenney stores from the Copper Property CTL Pass ...
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 ...
A $947 million deal to sell 119 JCPenney stores, including two in Central Ohio, fell apart after the seller said the ...
JCPenney is closing its location inside the Westminster Mall in Orange County, California. The store will remain open to the public through Nov. 16. The store will close on or about Nov. 21.
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