Pershing Hires Citigroup to Sell Entire JCP Stake

Aug. 27 (Bloomberg) -- Bill Ackman’s Pershing Square Capital Management hired Citigroup to underwrite the sale of its 39.1 million J.C. Penney shares, after reaching an agreement earlier this month to unload its stake. Julie Hyman has more on Bloomberg Television's "Street Smart." (Source: Bloomberg)

Venezuela Oil Tour Falls Short of an Output Deal
38:55 - Steven Davidoff Solomon co-director at Berkeley Center for Law, discusses Venezuela's search for a deal to cut oil production in a bid to stabilize market prices. He speaks on "Bloomberg ‹GO›." (Source: Bloomberg)
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