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JCPenney seeking funds, Goldman may be involved

J.C. Penney is considering options for raising additional cash, sources told CNBC.

The retailer has met with banks in recent months about fund-raising possibilities, although it is unclear how much money Penney would try to raise.

(Read more: JCPenney and Best Buy: A tale of two retailers)

The company's management has not yet made a final decision about raising cash.

The sources said Goldman Sachs is likely to be involved in any J.C. Penney fundraising.