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Is J.C. Penney Waging a $1.75 Billion Turnaround?
Monday, April 29, 2013 - 11:00am | 525Read More...First, last Thursday, George Soros bought a nearly eight percent stake in J.C. Penney Corp. (NYSE: JCP). Then came word Friday afternoon, confirmed by J.C. Penney Monday morning that Goldman Sachs (NYSE: GS) has secured $1.75 billion in financing for the company, according to Reuters. What’s...


