Three major retail stores in New York were just sold to a Boston firm in a $947 million deal. New Yorkers are worried about what comes next.
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Boston Business Purchases 3 New York JCPenney Stores
JCPenney just sold three New York stores to a Boston business.
An affiliate of Boston-based private equity firm Onyx Partners just purchased 119 JCPenney stores nationwide for $947 million in cash.
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