Kohl's (KSS) Shares Explode 30% as Takeover Battle Heats Up
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Kohl's (KSS) Confirms Receipt of Expressions of Interest
January 24, 2022 8:34 AM ESTKohls Corporation (NYSE: KSS) today confirmed that it has received letters expressing interest in acquiring the Company.
The Kohls Board of Directors will determine the course of action that it believes is in the best interests of the Company and its... More
Cowen Says Kohl's (KSS) Could Be Worth $85+ in Takeover, Raises PT to $75
January 24, 2022 7:14 AM ESTCowen analyst Oliver Chen raised the price target on Kohl's (NYSE: KSS) to $75.00 (from $73.00) while maintaining an Outperform rating following reports the company has received a $64 takeover bid from a Starboard backed entity. Chen said the bid, which comes in at 3.7x TTM... More
Macy's (M), Other Peers Trade Higher in Sympathy with Kohl's (KSS)
January 24, 2022 6:22 AM ESTMacy's (NYSE: M) traded higher in sympathy with peer Kohl's (NYSE: KSS) after Kohl's received separate bids from private equity firms Sycamore Partners and activist Starboard Value.
Kohl's climbed 28% pre-open.Macy's traded higher by 5% in sympathy.Nordstrom (NYSE: JWN) gained 4.5%... More