Monday, December 9 2013 9:54 AM EST2013-12-09 14:54:27 GMT
LOUISVILLE, Ky., (WDRB) -- Six times during an armed robbery trial last December, defense attorney Frank Jewell asked Louisville Metro Police Det. Derrick Leachman whether he took photos at the crime scene. SixMore >>
Police have turned over to prosecutors a list of 26 officers whose credibility could be called in to question at trial.More >>
Monday, December 9 2013 4:12 PM EST2013-12-09 21:12:19 GMT
Louisville, Ky (WDRB) Flyers are up in Nelson and Hardin counties to find Bella who has been missing for more than two weeks and the reward is a car. People have been searching for 3-year-old Golden RetrieverMore >>
Golden Retriever named "Bella" has been missing for more than two weeks.More >>
Monday, December 9 2013 10:44 PM EST2013-12-10 03:44:53 GMT
CARROLLTON, KY (WDRB) -- Smoke still smolders from the scene of last week's deadly fire that claimed the life of a Carroll County mother, 37-year old Wendy Mercer. What didn't burn up is now being burnedMore >>
Ray Smith, a 79-year old survivor of the fire, is being hailed as a hero for saving his disabled wife from the blaze.More >>
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NEW YORK (AP) -- J.C. Penney's biggest investor and former board member Bill Ackman has sold his nearly 18 percent stake to Citigroup for $12.60 per share, a discount to the stock's recent closing price.
The regulatory form filed late Wednesday confirms that Ackman, who owns Pershing Square Capital Management, lost about half of his investment since buying Penney's shares in 2010. Ackman paid on average about $25 per share.
Both Pershing Square and Penney said Monday that Ackman planned to sell all 39.1 million shares of the retailer that he owned. The move comes nearly two weeks after Ackman resigned from Penney's board as part of a deal to resolve an unusually public battle between the activist investor and the struggling department store operator.
Shares fell more than 3 percent, or 41 cents, to close at $12.76 per share on Wednesday.