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J.C. Penney
JCPannounced this morning 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: NewsManagementM&ABain CapitalBill AckmanConsumer DiscretionaryConsumer StaplesDepartment StoresPackaged Foods & MeatsPershing Square Capital
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