Report: Kohl’s Suitor Getting Cold Feet
Franchise Group is considering lowering its buyout offer for KSS to $50 per share from $60, or possibly pulling out entirely, according to sources close to the matter, CNBC reported. FRG is in the midst of a three-week period during which it is working to wrap up due diligence and terms of the deal, and finalizing its financing. The recent report indicates that ... Log in to view full article.
