This article originally appeared on Mississippi Clarion Ledger: 119 JCPenney stores sold in $1 billion deal. See which ...

JCPenney is selling 119 of its U.S. stores in a $947 million, all-cash deal that’s expected to close in early September.

Over 100 JCPenney stores have been sold in a nearly $1 billion deal to an affiliate of Onyx Partners, Ltd, a Boston-based ...

A Boston-based private equity firm will pay $947 million for 119 JCPenney stores, marking the latest shift for the retailer ...

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Onyx Partners will pay $947 million for 119 JCPenney stores, including 21 in Texas, 19 in California and two in Puerto Rico.