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Is Penney’s Valuation the Next Bankruptcy Battleground?

Join us on January 26 at 11 am ET for a webinar with Lenzing, TextileGenesis and sustainable brand ArmedAngels for a discussion on how they’re using Fibercoin technology to realize traceability’s benefits to sustainability, brand loyalty and risk mitigation.

How much is bankrupt J. C. Penney really worth? The math in Penney’s Chapter 11 petition just got complicated and could spur yet another delay in the chain’s exit from bankruptcy. Penney’s was expected to file papers converting a non-binding letter of intent into an asset purchase agreement selling the operating portion of the business…

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