WWD.com/retail-news/trends-analysis/jc-penney-needs-time-and-money-not-a-board-fight-7086189
trends-analysis
trends-analysis

J.C. Penney Needs Time and Money, Not a Board Fight

The retailer’s board was said to be in talks late Monday with William Ackman of Pershing Square Capital to reach some resolution in their bitter battle.

By and
with contributions from Evan Clark, Pete Born