J.C. Penney Mum on Takeover, Shares Soar (Reuters)

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J.C. Penney Mum on Takeover, Shares Soar (Reuters)

Reuters - J.C. Penney Co. Inc.'s shares
soared and bonds dropped on Thursday, even as the retailer
implied there was no substance to rumors the company may be the
target of a leveraged buyout.

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