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UPDATE: Sandler O'Neill Upgrades Vornado Realty Trust (VNO) to Buy, Break-Up Could Unlock Value

Go back to UPDATE: Sandler O'Neill Upgrades Vornado Realty Trust (VNO) to Buy, Break-Up Could Unlock Value

Vornado (VNO) Looks to Unload Massive JCPenney (JCP) Stake as Losses Become Too Much

March 5, 2013 7:29 AM EST

According to reports late Monday, Vornado (NYSE: VNO) has decided to exit a substantial portion of its massive stake in JCPenney (NYSE: JCP).

Deutsche Bank is said to be shopping a 10 million block of stock held by... More

Vornado RT (VNO) CEO Fascitelli Calls it Quits; Successor Named

February 27, 2013 8:53 AM EST

Vornado Realty Trust (NYSE: VNO) that Michael D. Fascitelli has resigned as the companys President and Chief Executive Officer, effective April 15, 2013. He plans to take a break after which he will pursue new challenges. Mr. Fascitelli will continue to serve on Vornados Board... More