The Traderszone Network

Published in TZ Latest News 24 January, 2017 by The TZ Newswire Staff

J.C. Penney Extends Plan to Prevent Takeovers

Almost going out of business has some surprise positives. A near-death experience and the losses associated with that period left retailer J.C. Penney (NYSE: JCP) with $2.6 billion in potential tax credits, an asset that could make the company an attractive takeover target.