What Goldman's $1.75B Loan Means for J.C. Penney

What Goldman's $1.75B Loan Means for J.C. Penney Play

April 29 (Bloomberg) -- J.C. Penney Co. CEO Myron Ullman received a $1.75 billion loan commitment from Goldman Sachs and has been raising some prices as he works to stanch the retailer’s cash drain. Sheila Dharmarajan reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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