Kohl’s Holds Out for More Cash

Kohl’s Holds Out for More Cash

Kohl’s says the two offers to buy the company are too low. 

The company on Friday said the offers from two investment firms does not “adequately reflect the company’s value.”  Both offers are for about nine billion-dollars.  Kohl’s is not saying just how much it thinks the company’s value is.  The company’s board has said it will listen to offers that reflect the value that Kohl’s has going forward.

Leave a Reply

Your email address will not be published. Required fields are marked *