BATON ROUGE - One of the biggest stores in the Mall of Louisiana has been bought out as part of a $1 billion deal, according to The Advocate. 

A Boston-based equity firm and affiliate of Onyx Partners is set to close on 119 JCPenney stores, including the location inside the Mall of Louisiana. 

The deal cost $947 million. 

It's not immediately clear what Onyx will do with the stores. The Baton Rouge store is the only Louisiana location among the 119 stores purchased.