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Amazon Looking to Acquire JC Penny


Gregmal
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Different buyers can do different things with those assets. Big difference if Amazon buys it or if, say, Sears buys it.

 

Exactly. It's also a matter of size. For a company as large as Amazon, with their revenue and access to capital, it's not that big of a deal to buy some bankrupt retail assets when the opportunity presents itself.

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Different buyers can do different things with those assets. Big difference if Amazon buys it or if, say, Sears buys it.

 

Exactly. It's also a matter of size. For a company as large as Amazon, with their revenue and access to capital, it's not that big of a deal to buy some bankrupt retail assets when the opportunity presents itself.

 

I bet they buy JCP just for the properties. They probably redo them into last mile warehouses.

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