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.
