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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