Ackman Ally Vornado Backs Away From J.C. Penney
Two of hedge fund manager William Ackman’s biggest trades have been moving against him in 2013, and now one of his fellow investors in J.C. Penney appears to be distancing itself from the retailer.
Two of hedge fund manager William Ackman’s biggest trades have been moving against him in 2013, and now one of his fellow investors in J.C. Penney appears to be distancing itself from the retailer.