Monday, 26 August 2013

Reuters: Business News: Ackman turns back on J.C. Penney, sells entire stake in retailer

Reuters: Business News
Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. 
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Ackman turns back on J.C. Penney, sells entire stake in retailer
Aug 27th 2013, 01:18

(Reuters) - Hedge fund manager William Ackman, the biggest shareholder in J.C. Penney Co Inc, said on Monday that he sold his entire stake after his campaign to overhaul the retailer failed.

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