Home>Topics>>Vornado Realty Trust (VNO) has confirmed that it offloaded over 40% of its stake in J.C. Penney (JCP) on Monday, selling 10M shares at $16.03 each, or 9% below the retailer's closing price on Friday. ...

Vornado Realty Trust (VNO) has confirmed that it offloaded over 40% of its stake in J.C. Penney (JCP) on Monday, selling 10M shares at $16.03 each, or 9% below the retailer's closing price on Friday. ...

SeekingAlpha.com: SA Currents

Thu, 7 Mar 2013

Vornado Realty Trust ( VNO ) has confirmed that it offloaded over 40% of its stake in J.C. Penney ( JCP ) on Monday, selling 10M shares at $16.03 each, or 9% below the retailer's closing price on Friday. The move leaves Vornado with 6.1% in Penney. Post your comment!
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