Analyst: Kohl’s bid rejection was unexpected, likely to spark proxy war ‘uglier’ than last year’s

Kohl’s headquarters
Kohl’s headquarters in Menomonee Falls.

Last updated on February 9th, 2022 at 12:53 pmThe recent move by Kohl’s Corp. to reject a $9 billion takeover bid is considered a plot twist in the ongoing saga of the retailer’s turnaround efforts. “I didn’t think it would go down this way,” said David Swartz, equity analyst at Morningstar Research Services LLC, in

Want to Read the Entire Article?

Become a BizTimes Insider today and get immediate access to our subscriber-only content and much more.

Become an Insider Now

Already an Insider? Log In

Or purchase a bypass link here

Sign up for BizTimes Daily Alerts

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

Maredithe has covered retail, restaurants, entertainment and tourism since 2018. Her duties as associate editor include copy editing, page proofing and managing work flow. Meyer earned a degree in journalism from Marquette University and still enjoys attending men’s basketball games to cheer on the Golden Eagles. Also in her free time, Meyer coaches high school field hockey and loves trying out new restaurants in Milwaukee.

No posts to display