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US: JC Penney to sell 84m shares to raise extra cash

2013-09-27 13:37:33| Daily apparel & textile news and comment - from just-style.com

Shares in JC Penney Company fell 8.8% after-hours trading yesterday (26 September) after the US department store retailer said it would sell 84m shares of its common stock in a secondary offering.

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Category:Consumer Goods and Services

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