CNBC's Lauren Thomas joins 'Closing Bell' to report on the plunge in Kohl's shares after a report the Franchise Group is considering a lower bid for the retailer.

Why Kohl's Stock Is Down More Than 9% Today

03:07pm, Wednesday, 22'nd Jun 2022
Kohl's Corporation (NYSE: KSS) shares are trading lower following reports suggesting Franchise Group is considering lowering its bid for Kohl's from about $60 to closer to $50 per share. According to
Franchise Group is considering lowering its bid for department store chain Kohl's Corp to $50 per share from about $60, CNBC reported on Wednesday, citing a source familiar with the deal talks.
The retail holding company Franchise Group is weighing lowering its bid for Kohl's, according to a person familiar with the deal talks.
Franchise Group, the preferred bidder to acquire Kohl's, is in discussions to keep the retailer's top management team, including CEO Michelle Gass, if the planned sale is finalized, three sources fami
Department stores, like Nordstrom Inc. JWN, -0.61% , Macy's Inc. M, +0.81% , Kohl's Corp. KSS, +5.30% and Dillard's Inc. DDS, +1.86% are at risk from what analysts call an "unprecedented" amount of me

Kohl's: $60 Isn't Enough

05:34pm, Monday, 20'th Jun 2022
Kohl's is still entertaining a $60 offer from Franchise Group that only values the stock at 9x earnings. The department store only trades at $40 despite this offer, valuable real estate, a strong EPS
Franchise Group's plan to acquire Kohl's is similar to previous deals in retail that left companies such as Mervyn's, Shopko and Toys”R”Us saddled with debt and selling off assets before eventuall
The boss of the company that owns Vitamin Shoppe has been telling investors this week he still aims to buy the struggling department store chain despite skepticism from Wall Street, The Post has learn
Apollo Global Management Inc is in talks to provide up to $2 billion in debt financing for the potential acquisition of department store chain Kohl's Corp by retail store operator Franchise Group , a
Cowen & Co. argues that a deal between Kohl's and Franchise Group is more likely than not to get done.
As Franchise Group inches closer to acquiring Kohl's, experts point to the holding company's recent acquisitions for a better sense of what could happen next.

Why Kohl's Stock Popped Today

05:11pm, Tuesday, 07'th Jun 2022
An acquisition deal could soon materialize.

Kohl's Stock Jumps On Acquisition Possibility

02:43pm, Tuesday, 07'th Jun 2022
The retailer is a holding in 136 ETFs.
Kohl's (KSS) enters into exclusive negotiations for three weeks with Franchise Group for the potential sale of the former for $60 per share.
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