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Topic	J.C. Penney Files For Bankruptcy As Lockdowns Take Their Toll
BlackScythe0 05/16/20 2:57:52 AM #13:	Zeus posted... Wonder if this is truly the end for them or whether they'll manage to somehow restructure their debt, get bought out, or another scenario that keeps at least some stores running. At any rate, just one more victim of the shutdown. It's a 10b business. A few million isn't going to make or break it, and otherwise the executives jump ship which makes the situation even worse. Yea sucking out all the liquid assets isnt bad. Lol trumpster logic. <cite>BlackScythe0 posted [p:939233755] in J.C. Penne... [t:78692070]...</cite> <quote>Zeus posted... </cite> <quote>Wonder if this is truly the end for them or whether they'll manage to somehow restructure their debt, get bought out, or another scenario that keeps at least some stores running. At any rate, just one more victim of the shutdown. It's a 10b business. A few million isn't going to make or break it, and otherwise the executives jump ship which makes the situation even worse.</quote>Yea sucking out all the liquid assets isnt bad. Lol trumpster logic. </quote> ... Copied to Clipboard!
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