J.C. Penney Extends Plan to Prevent Takeovers

Almost going out of business has some surprise positives. A near-death experience and the losses associated with that period left retailer J.C. Penney (NYSE: JCP) with $2.6 billion in potential tax credits, an asset that could make the company an attractive takeover target. …read more

Read more here: J.C. Penney Extends Plan to Prevent Takeovers

Leave a Reply

%d bloggers like this: