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William Ackman

(credit: Justin Sullivan/Getty Images)

Ackman Loses In JCPenney Share Sale

JCPenney’s biggest investor Bill Ackman is through with the retailer, selling his entire 18 percent stake to Citigroup and taking a more than $400 million bath on the deal.

08/29/2013

A sign marks the location of a JCPenney store. (credit: Getty Images/Scott Olson)

Ackman To Get $504 Million From JCPenney Stake

JCPenney’s biggest investor, William Ackman, plans to raise up to about $504.4 million from the sale of his entire stake in the struggling department store operator.

08/27/2013

(credit: Justin Sullivan/Getty Images)

J.C. Penney’s Largest Investor Bails Out

The move comes two weeks after Ackman resigned from J.C. Penney’s board as part of a deal to resolve an unusually public battle between the activist investor and the struggling department store operator.

08/26/2013

(credit: Justin Sullivan/Getty Images)

JCPenney Posts Big Q2 Loss On Falling Sales

JCPenney is reporting another big loss on a nearly 12 percent drop in revenue for the second quarter.

08/20/2013

(credit: Justin Sullivan/Getty Images)

JCPenney & Ackman Sign Pact On Share Sales

JCPenney and its largest shareholder, William Ackman, have made a deal that sets terms for allowing him to unload his stake in the company.

08/16/2013

(credit: Justin Sullivan/Getty Images)

JC Penney Board Member Resigns, But Problems Remain

The boardroom drama may be over, but J.C. Penney is still grappling with an uncertain future.

08/13/2013

(credit: Justin Sullivan/Getty Images)

Ackman Resigns From JCPenney Board

William Ackman has resigned from JCPenney’s board as part of a deal to resolve a public battle between the activist investor and the struggling department store operator.

08/13/2013