Kohl’s Corporation

Kohl’s Receives $9 Billion Offer Backed by Activist Investor

The department store Kohl’s has received a roughly $9 billion offer to go private in a deal with an investment consortium backed by the activist hedge fund Starboard Value, according to two people familiar with the matter. The offer highlights the resurgent interest that activist investors are showing in department stores, as brick-and-mortar retailers have […]

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