Kohl’s, Franchise Group Enter Exclusive Negotiation Period at $8 Billion Purchase Price
Retail TouchPoints
JUNE 7, 2022
Kohl’s has entered into exclusive acquisition negotiations with Franchise Group for a three-week period. Franchise Group has offered to acquire the retailer for $60 per share , which would value the company at approximately $8 billion. The $60 per share price tag is still a significant premium over the retailer’s $45.80
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