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Monday, January 24, 2022 9:13:46 AM
https://www.cnbc.com/2022/01/24/kohls-shares-surge-as-takeover-offers-emerge-suitors-include-sycamore.html
Kohl’s is fielding takeover offers from at least two suitors.
The news set the company’s stock soaring in premarket trading.
Sycamore is willing to pay at least $65 per share for Kohl’s, implying a 39% premium to the stock’s last close of $46.84, people familiar with the matter tell CNBC.
The offer from Sycamore came two days after Acacia Research, backed by activist investment firm Starboard Value, offered to pay $64 a share for Kohl’s, sources said.
I can only provide my own speculation and theories. Everything I post is my own opinion. DO YOUR OWN DD!
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