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J.C. Penney and Ackman Could Resolve Dispute

Stock Researching
Publish date: Tue, 13 Aug 2013, 07:15 AM
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From Liston Street Pulse:

Retailer J.C. Penney Company Inc. (JCP) and hedge fund manager Bill Ackman are in discussions to resolve their dispute over JCP's U.S. leadership, according to CNBC. CNBC, citing a source familiar with the situation, said that the two parties could reach an agreement shortly. Last week, Ackman had demanded the ouster of JCP's Chairman Thomas […]

The post J.C. Penney and Ackman Could Resolve Dispute appeared first on Liston Street Pulse.

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