J.C. Penney Feeling Heat of Ackman's Board Demands

J.C. Penney Feeling Heat of Ackman's Board Demands Play

Aug. 12 (Bloomberg) -- Michael Holland, chairman & founder at Holland & Co., discusses the pressure on J.C. Penney's board as activist investor Bill Ackman pushes for an overhaul of top executives at the retailer. He speaks on Bloomberg Television's "Bloomberg Surveillance."

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