There is another offer to buy Kohl’s and this one may be the one.
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Kohl’s yesterday said it ‘has entered into exclusive negotiations’ with the owners of The Vitamin Shoppe. The deal would be worth about eight billion-dollars, or 60 dollars per-share. There is no word just when a deal may be finalized. The offer from the owners of The Vitamin Shoppe comes after Kohl’s rejected an offer from activist investors to sell to them earlier this spring.