Acacia offers to buy Kohl's for $64 per share

Acacia Research

24/01/2022 21:15

Jan 24 (Reuters) - Starboard Value-backed activist investor
Acacia Research  ACTG.O  said on Monday it had submitted a
private proposal to Kohl's Corp  KSS.N  to acquire the
department store chain for $64 per share, confirming a Reuters
report from last week. 

 (Reporting by Deborah Sophia in Bengaluru; Editing by Sriraj
Kalluvila)
 ((DeborahMary.Sophia@thomsonreuters.com;))