$JCP $1.75B... and your guys think that a company can buy just the good parts of a business and discard the debt? No. Most likely that is a controlling bid and the debt JCP has will be transferred to the purchasers balance sheets or they can refinance it. Depends on how the deal is structured but as far as I know all Debtors don’t have to be paid in full before a companh is sold. They can acquire the debt as well
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