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Vornado Chairman Resigns From JC Penney Board

By Kaitlin Ugolik ( September 16, 2013, 3:00 PM EDT) -- Steven Roth, chairman of the board and CEO of behemoth REIT Vornado Realty Trust, has resigned from his post on J.C. Penney Co. Inc.'s board of directors, citing concerns about the retailer's financial struggles, according to a Friday regulatory filing....

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