Kohl's Up 4% After Report of Offer From Simon and Brookfield
April 25 2022 - 1:14PM
Dow Jones News
By Josh Beckerman
Kohl's Corp. shares were recently up 4% at $59.83 after the New
York Post, citing sources, reported that Simon Property Group Inc.
and Brookfield Asset Management Inc. offered to buy retailer for
$68 a share.
Last month, Kohl's said it has received "multiple preliminary
indications of interest."
Meanwhile, Reuters reported that Franchise Group Inc. has
offered to buy the company.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
April 25, 2022 12:59 ET (16:59 GMT)
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