J.C. Penney Reports Bill Ackman Resigns From Board

J.C. Penney Reports Bill Ackman Resigns From Board Play

Aug. 13 (Bloomberg) -- Bloomberg's Scarlet Fu reports that J.C. Penney has announced that Bill Ackman resigned from the company’s board and confirmed its support for Chief Executive Officer Mike Ullman. She speaks on Bloomberg Television's "Bloomberg Surveillance."

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