Hedge-fund tycoon Bill Ackman is scrambling to find a way out of the JCPenney mess, and his longtime pal George Soros has just swooped in to lend a helping hand.
Octogenarian billionaire Soros – a tennis partner of 47-year-old Ackman – surprised Wall Street late yesterday by disclosing a 7.9-percent stake… …read more
Source: NY Post

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