I'm in Awe of How Long Zombies Like J.C. Penney Keep Getting New Money to Burn. But Bankruptcy Beckons - WOLF STREET

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I'm in Awe of How Long Zombies Like J.C. Penney Keep Getting New Money to Burn. But Bankruptcy Beckons (https://wolfstreet.com/2019/07/19/how-long-zombies-like-j-c-penney-keep-getting-new-money-to-burn-now-bankruptcy-beckons/) WOLF STREET
J.C. Penney stock drops as retailer spirals downward (https://www.cbsnews.com/news/j-c-penney-stock-tanks-as-retailer-spirals-downward/) CBS News
JC Penney: We haven't hired advisors 'to prepare for an in-court restructuring or bankruptcy' (https://www.cnbc.com/2019/07/19/jc-penney-no-advisors-hired-for-an-in-court-restructuring-bankruptcy.html) CNBC
JC Penney hires advisers to explore debt restructuring (https://nypost.com/2019/07/19/jc-penney-hires-advisers-to-explore-debt-restructuring/) New York Post
J.C. Penney says it hasn't hired advisors to prepare for 'restructuring or bankruptcy’ (https://www.usatoday.com/story/money/2019/07/19/j-c-penney-no-advisers-hired-restructuring-bankruptcy/1781439001/) USA TODAY
View full coverage on Google News (https://news.google.com/stories/CAAqOQgKIjNDQklTSURvSmMzUnZjbmt0TXpZd1NoTUtFUWpUbn FlSmpvQU1FZEdpeE93dmh4MlpLQUFQAQ?oc=5)

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