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JC Penney Gets Nod To Postpone $34M In Rent Payments

By Rick Archer ( June 11, 2020, 9:03 PM EDT) -- A Texas bankruptcy judge on Thursday granted J.C. Penney's request to delay $34 million in rent payments until mid-July, although for one day fewer than the retailer asked for after landlords expressed concern the company would run out of cash before they got paid....

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