Bill Ackman Resigns From J.C. Penney Board

Bill Ackman Resigns From J.C. Penney Board Play

Aug. 13 (Bloomberg) -- William Ackman resigned from J.C. Penney’s board after his public campaign to push out the retailer’s chairman and chief executive officer was rebuffed by his fellow directors. Harvard Business School Professor Robert Kaplan speaks with Erik Schatzker on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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