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Why Ackman stepped down from JCP

Tue 13 Aug 13 | 07:42 AM ET
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Why Ackman stepped down from JCP

Tue 13 Aug 13 | 07:42 AM ET
In an exclusive interview with CNBC's Andrew Ross Sorkin, activist investor and former JC Penney board member Bill Ackman says he left the company so the board could focus on the business without distraction. Andy Serwer, Fortune and John Taylor, FX Concepts, weigh in.
 
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