Description:   JC Penney ousts CEO Ron Johnson, replacing him with the company’s former CEO. Is this a sign that JC Penney will be taken private?

Source:  CBBMoney.com – video report

Date: Apr 09, 2013

Link: http://money.cnn.com/video/investing/2013/04/09/investing-the-buzz-jc-penney-ron-johnson.cnnmoney/

Questions for Discussions:

• What are the possible reasons for bringing back Ron Johnson?
• How might this affect overall management of the firm?
• Do you think the company is preparing to go private?