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J. C. Penney Company, Inc. Message Board

  • cdanajackson cdanajackson Aug 14, 2013 4:54 AM Flag

    Ackman should have stayed

    Bill Ackman should have stayed and continued to give JCP hell.

    Personally, with the company having $3.8 billion of total debt on its balance - and not nearly as much cash, I think it's time to put JCP to rest. After all, the company isn't really being financed by the equity holders anyway. It's the bond holders that are keeping this company afloat.

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