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January 24, 2011

William Ackman's Impact Felt at J.C. Penney

Activist to join board; retailer to close five department stores.

business-features/news

Activist investor William Ackman is no longer on the outside at J.C. Penney Co. Inc.

Penney’s said Ackman, chief executive officer of Pershing Square Capital Management, and Steven...

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