A missed deadline to close and a dispute over a $5 million deposit are putting the retail portfolio sale in jeopardy.
Onyx Partners remains committed to closing the acquisition of 117 JCPenney stores while owner Copper Property states the ...
A ten-figure deal to sell more than 100 JCPenney stores has devolved into a high-stakes legal fight, with buyer Onyx Partners ...
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 ...
Once a mall staple and a go-to department store for generations of families since 1902, JCPenney has endured turbulent years ...
The deal was formed during JCPenney’s 2020 bankruptcy. In July 2025, the trust announced Onyx would acquire 119 stores for $947 million. The deal was expected to be closed in September 2025, but ...
Another day, another store announces that it’s closing more locations. Earlier this week, Joann Fabrics announced that it’s closing a whopping 500 locations, but now it’s JCPenney’s turn. The ...
Onyx Partners, a Boston-based investment firm, was set to acquire 119 JCPenney stores from the Copper Property CTL Pass ...
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