Ackman Leaves JCP Board in Another Retail Miss

Ackman Leaves JCP Board in Another Retail Miss Play

Aug. 13 (Bloomberg) -- Bill Ackman resigned from J.C. Penney’s board after a public fight with his fellow directors, capping more than two years of agitating to remake the retailer that left him with $700 million in potential losses on his stake in the department-store chain. Cristina Alesci reports on Bloomberg Television's "Money Moves." (Source: Bloomberg)

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