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Authentic Brands Surfaces as Possible Bidder in JCP Bankruptcy

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Brand management firm Authentic Brands Group is latest name to pop up as a possible bidder for bankrupt retailer J.C. Penney. Penney’s, which filed for Chapter 11 bankruptcy court protection on May 15, is coming up against a key deadline that requires it to reach an agreement with first-lien lenders to work out a plan…

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