Kohl’s, Franchise Group Enter Exclusive Negotiation Period at $8 Billion Purchase Price
Retail TouchPoints
JUNE 7, 2022
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 Backing for the deal reportedly came from investment firm Vintage Capital Management LLC, which has a 12.3%
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