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US: Ackman to sell JC Penney stake

2013-08-27 13:53:00| Daily apparel & textile news and comment - from just-style.com

Hedge fun manager William Ackman is to sell his 17.7% stake in ailing department store retailer JC Penney, less than a month after he resigned from the board.

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Category:Consumer Goods and Services

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