Pershing to Sell Entire Stake in J.C. Penney
According to a filing, J.C. Penney announced an offering to sell the common stock held by Bill Ackman’s Pershing Square Capital Management that account for over 39 million shares or about 18% of the company’s outstanding shares.
August 27, 2013
Bill Ackman | J.C. Penney | Pershing Square Capital
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