George Soros takes 7.9% stake in J.C. Penney
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New York -- Giving a much-needed boost to J.C. Penney Co., George Soros’ Soros Fund Management bought 17.4 million shares of the troubled retailer, according to a filing with the Securities and Exchange Commission.
The stake, which was seen as a vote of...
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- People:
- George Soros
- Places:
- New York
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