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Vornado Realty Trust (VNO) has confirmed that it offloaded over 40% of its stake in J.C. Penney...

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.
Comments (1)
  • Something not adding up in the numbers it has not gotten over 15 so there is no way the sold at 16.03 and 9% below closing price. must have sold at 13.03...
    13 Sep 2013, 07:23 PM Reply Like
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