Hearst Agrees To Acquire QGenda, a Leader in Healthcare Workforce Management Solutions

On June 11, the Oklahoma Supreme Court ruled that the state Department of Education overstepped its authority by attempting to force the Edmond Public School district to remove two books the state had deemed inappropriate from its school library shelves, holding that new state rules enacted last year to govern book content in the state’s public schools had no basis in law. “We conclude a local school board possesses statutory authority to maintain and control its local school library, and one aspect of this control includes discretionary selection for providing supplemental educational books and instructional material deemed appropriate by the local school board in compliance with state statutes,” the unanimous decision reads. “No statute gives the State Board of Education, State Department of Education, and Superintendent of Public Instruction the authority to overrule a local school board's exercise of discretion in applying its local community standards for books in a local school library.”

Firestorm Books, a collectively-owned radical bookstore in Asheville, N.C., has acquired 22,500 copies of 46 children's books that were banned from the Duval County Public School system in Florida. Under a campaign named "Banned Books Back!," the bookstore plans to distribute these books to children and families across the United States, starting with Florida. Last year, Duval County school administrators ordered the removal of numerous titles focused on gender issues, racism, colonialism and more. Half of the titles that were pulled focused on LGBTQIA+ topics. "When we were told that these books were at risk of being destroyed, we knew we had to act," Esmé Joy, co-owner of Firestorm Books, said.

J. C. Penney Company, Inc. announced that it has reached an agreement in principle to sell JCPenney through a court-supervised sale process. The Company plans to seek approval of a disclosure statement and, ultimately, confirmation of a plan of reorganization in parallel with the sale process. Related to the sale process, JCPenney expects to execute a “stalking horse” asset purchase agreement, which will track an executed letter of intent, outlining the following: *Brookfield Property Group and Simon Property Group intend to acquire substantially all of JCPenney’s retail and operating assets for $1.75 billion, which includes a combination of cash and new term loan debt. *The agreement contemplates the formation of a separate real estate investment trust and a property holding company, which will include 161 of the Company’s real estate assets and all of its owned distribution centers. The PropCos will be owned by the Company’s Ad Hoc Group of First Lien Lenders. *The OpCo and PropCos will enter into a master lease with respect to the properties and distribution centers moved into the PropCos.