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“poison pill”

File photo of a J.C. Penney store. (credit: Justin Sullivan/Getty Images)

J.C. Penney Adopts ‘Poison Pill’ To Prevent Any Takeover Attempts

Struggling retailer J.C. Penney is adopting a “poison pill” just two days after reporting its sixth straight quarter of big losses and steep revenue declines.

08/22/2013

File photo of a JC Penney (Photo by Scott Olson/Getty Images)

J.C. Penney Is Adopting “Poison Pill” After Big Quarter Losses

Struggling retailer J.C. Penney is adopting a “poison pill” just two days after reporting its sixth straight quarter of big losses and steep revenue declines.

08/22/2013

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