Retail News

Penney asks shareholders to back plan to fight hostile takeovers

The Dallas Morning News 01/23/2017

J.C. Penney’s board is asking stockholders to back a plan that would make it easier for the company to fight off a hostile takeover and protect $2.6 billion in tax benefits it has not used yet.

MORE ON THIS STORY...

MORE RETAIL NEWS HEADLINES...

Discussions
Check out RetailWire's Engaging Online Discussions Featuring Our Exclusive Braintrust!