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Texans Cuts Tracker: Texans 53 Man Roster Deadline 3pm CT Saturday

JC Penny

File photo of a JC Penney (Photo by Scott Olson/Getty Images)

Bondholders Rescind Claim Against Penney

J.C. Penney Co. said Wednesday that bondholders who claimed that the department store chain was in violation of a bond agreement have withdrawn their notice of default.



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