J.C. Penney on Friday afternoon issued a statement responding to a report that the embattled department store chain had hired advisers to explore debt restructuring options, potentially buying it more time for a turnaround.
J.C. Penney says: "As a public company, we routinely hire external advisors to evaluate opportunities."Christopher Dilts | Bloomberg | Getty Images
"As a public company, we routinely hire external advisors to evaluate opportunities for the Company," Penney said in a statement.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Exclusive: J.C. Penney taps debt restructuring advisers - sourcesEXCLUSIVE: J.C. Penney has hired advisers to explore debt restructuring options to buy more time for the money-losing U.S. retailer to forge a turnaround JessicaDiNapoli mike_d_spector report
Read more »
Exclusive: J.C. Penney taps debt restructuring advisers - sourcesEXCLUSIVE: J.C. Penney has hired advisers to explore debt restructuring options to buy more time for the money-losing U.S. retailer to forge a turnaround JessicaDiNapoli mike_d_spector report
Read more »
I Still Haven't Recovered from These Emmy Snubs & SurprisesYes to 'Fleabag,' but what about 'Better Things'?!
Read more »
I spent 10 years working in finance and I'm convinced robo-advisers are better than human advisers for 5 reasonsDitching your human financial adviser is scary. But this MBA says a robo-adviser is more likely to make the right decisions with your money.
Read more »
MGM Bolsters Communications Team With Hires & Promotions As STX & Fox Exits ContinueEXCLUSIVE: MGM is bolstering its publicity and corporate communications teams with the appointments of Meghan Gamber as VP, Film Publicity; Mari Dwyer as VP, Corporate Communications; De’Jon Glover…
Read more »