Kohl’s, Franchise Group Enter Exclusive Negotiation Period at $8 Billion Purchase Price
Retail TouchPoints
JUNE 7, 2022
The exclusive period was set to allow Franchise Group and its financing partners to finalize their due diligence and financing arrangements before the parties enter into a binding agreement. Franchise Group has offered to acquire the retailer for $60 per share , which would value the company at approximately $8 billion.
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