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Vornado To Sell Shares Of J.C. Penney
Posted on March 05, 2013 at 10:52 AM EST
The Wall Street Journal reported that J.C. Penney Co. Inc.'s (NYSE: JCP) third largest shareholder Vornado Realty Trust sold 10 million shares in the struggling department store. The stock price tumbled $1.54 to $15.20.
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