Vornado reports $224.9M from its J.C. Penney stake, Bloombegr reports Vornado Realty Trust (VNO) said it lost $224.9M on its 11% interest in J.C. Penney Co. (JCP), reports Bloomberg. Vornado said the stake is “other-than-temporarily” impaired in its annual report, filed yesterday. Reference Link
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