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Kohl’s Moves Forward on Sales Talks

Kohl’s Moves Forward on Sales Talks

There is another offer to buy Kohl’s and this one may be the one.

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.

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