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Vornado Realty

Kim Bhasin

Bill Ackman's Costly Defeat Marks End Of An Era For J.C. Penney

HuffingtonPost.com | Kim Bhasin | Posted 08.27.2013 | Business

Three years ago, hedge fund billionaire Bill Ackman started buying shares in J.C. Penney. After two previous failures in the retail world, Ackman was ...