JC Penny appraised value presented to Lenders

An article written in a recent edition of the Chicago Tribune reported on the appraised value of Penny Co Inc’s stores, distribution centers and headquarters . Some interesting points that are mentioned in the article show just how important an appraisal is when valuating a business; as seen in the difference between the estimate by Morgan Stanley and the appraisal value by Cushman and Wakefield.

An interesting read, you can find the full  article here.

 

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