Soros said to support J.C. Penney CEO Ullman

Soros backs Ullman still

J.C. Penney investors Soros Fund Management LLC and Glenview Capital Management LLC support Chairman Tom Engibous and Chief Executive Officer Mike Ullman in their battle against Bill Ackman, according to people familiar with the situation.

Alix Steel reports on Bloomberg Television's "Street Smart."

Source: Bloomberg