Take a look at some of the biggest movers in the premarket: Kohl’s (KSS) – Kohl’s soared 27.3% in premarket trading as takeover interest in the retailer ramps up. Starboard-backed Acacia R...
Tag: Kohls
Kohl’s stock jumped 35% on Monday morning: here’s why
Shares of Kohl’s Corp (NYSE: KSS) jumped nearly 35% on Monday after the American retail chain confirmed it had received takeover proposals from at least two private equity companies. Kohl’s received a...
Kohl’s Soars as Retailer Fields Interest From Two Suitors
(Bloomberg) — Kohl’s Corp. surged in premarket trading as the department-store retailer fields interest from two suitors at the same time that it’s grappling with multiple activist investors pre...
Macy’s, Nordstrom shares move higher after report of Kohl’s takeover offer
Department store shares moved higher during premarket hours on Monday after a Wall Street Journal report that Kohl’s Corp. KSS, -2.60% has received a $9 billion takeover bid from activist hedge ...
Kohl’s shares surge as takeover offers emerge, suitors include Sycamore
People shop at Kohl’s department store amid the coronavirus outbreak on September 5, 2020 in San Francisco, California. Liu Guanguan | China News Service | Getty Images Kohl’s shares soare...
Kohl’s Stock Surges as Retailer Feels Pressure From 2 Possible Suitors
Text size Justin Sullivan/Getty Images Kohl’s shares surged more than 28% in premarket trading Monday following reports the retailer could be fielding takeover offers from two suitors. The Wall Street...
Sycamore Expresses Interest in Kohl’s After Starboard-Backed Bid
(Bloomberg) — Department store retailer Kohl’s Corp. is fielding interest from two suitors at the same time that it’s grappling with multiple activist investors pressuring it to sell. Most Read ...
Starboard-Backed Acacia Research Makes $9 Billion Bid for Kohl’s. What to Know.
Text size Photo by Bruce Bennett/Getty Images Activist hedge fund Starboard Value is behind a group that made a $9 billion bid for department-store operator Kohl’s , according to a report. The bidding...
Kohl’s Said to Get $9 Billion Bid Backed by Starboard Value
(Bloomberg) — A group backed by activist hedge fund Starboard Value LP is offering about $9 billion for retailer Kohl’s Corp., according to people familiar with the matter. Most Read from Bloomb...
The Offer For Kohl’s Is Not As Aggressive As It Sounds. More Will Happen Before It’s Over.
The offer of $9 billion for Kohl’s may be a bargain for the buyer. getty A group led by Starboard Value LP has reportedly made an offer to buy department store Kohl’s for about $9.3 billion. The...
Kohl’s is again under pressure to boost shareholder value
Kohl’s Corp (NYSE: KSS) is up more than 5% in the stock market on Tuesday after Macellum Advisors said the retailer must take strategic actions to boost its share price. What Macellum is proposi...