The retailer is steps closer to emerging from bankruptcy ahead of the crucial Holiday season with agreements and settlements on its two-pronged sale effort to shore up confidence from its vendors. JCP entered an asset purchase agreement Oct. 28 with Brookfield Asset Management, Inc., Simon Property Group and a majority of its first lien lenders on the sale of its operations. This was followed by a settlement with minority debt holders on the separate sale of its real estate assets, revealed in a court filing this morning. The basic framework of the asset purchase agreement is in line with plans ... Log in to view full article.