Glenview Becomes Second Largest Shareholder of J.C. PenneyVW Staff
After Herbalife Ltd. (NYSE:HLF), the other company that every hedge fund took an oath to buy eventually was J.C. Penney Company, Inc. (NYSE:JCP). Kyle Bass filed 13G today, and Glenview Capital has also followed suit. Larry Robbins' funds have bought another huge chunk of the stock, adding to their existing position.
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