J.C. Penney Parries Ackman With Poison Pill
The board of directors at J.C. Penney hasn’t taken kindly to the share-buying overtures of one Bill Ackman, whose Pershing Square Capital disclosed a huge stake in the company earlier this month. The women’s clothing vendor is reaching for the poison pills in an effort to ward off Ackman’s advances.
According to a Read More
