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October 18, 2010

J.C. Penney Adopts Poison Pill to Thwart Ackman

J.C. Penney CEO Myron E. “Mike” Ullman 3rd plays defense against activist investor William Ackman.

By Evan Clark

financial/news

Take that.

J.C. Penney Co. Inc. chairman and chief executive officer Myron E. “Mike” Ullman 3rd and the rest of its board sent a missile back to activist investor William Ackman...

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Latest Articles from Business

J.C. Penney Adopts Poison Pill to Thwart Ackman

J.C. Penney CEO Myron E. “Mike” Ullman 3rd plays defense against activist investor William Ackman.

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