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Kohl’s Looks for More Cash

Kohl’s Looks for More Cash

Menomonee-based Kohl’s says recent offers to buy the company are undervalued. 

Two companies have reportedly offered to buy Kohl’s for between 64 and 65 dollars a share, but Kohl’s says that’s not enough.  Kohl’s also says it enacted a shareholder rights plan this morning that will avert a company takeover.  Kohl’s says it will release more information at an investor day next month.

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