Bill Ackman Not Focused On J.C. Penney Real Estate (JCP)

by Jonathan Chen, Benzinga Staff Writer

January 5, 2011 12:37 PM | 15 seconds read | Make a Comment

Bill Ackman of Pershing Square Capital is not focused on J.C. Penney's

JCP

real estate, but rather its operations,

Faber said that Ackman's discussions have not been focused on any “quick deal," rather operational improvements for JCP to improve its earnings.

Posted In: Hedge Funds Movers & Shakers Bill Ackman Consumer Discretionary Department Stores Pershing Square Capital

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