UPDATE 1-J.C. Penney cuts poison pill trigger by half, extends to 2017

Jan 28 (Reuters) - J.C. Penney Co Inc said on Tuesday it extended its poison pill until 2017, and lowered the threshold at which it would dilute the holdings of any shareholder, to prevent a takeover...

from Reuters: Financial Services and Real Estate http://ift.tt/1f97M01