Zings Of The Day (JCP, SLE)

by Roger Nachman, Benzinga Staff Writer

January 24, 2011 3:55 PM | 23 seconds read |

J.C. Penney

it would be adding Bill Ackman and Steven Roth to its board of directors in an effort to create more shareholder value. Might I suggest carrying clothes I like? Sarah Lee

SLEreceived a joint bid from Bain Capital and Apollo Group,

in excess of $18.70 per share. I guess it's true. Nobody doesn't like Sarah Lee.

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Posted In: News Management M&A Bain Capital Bill Ackman Consumer Discretionary Consumer Staples Department Stores Packaged Foods & Meats Pershing Square Capital

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Zings Of The Day (JCP, SLE)

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