Kohl’s confirms approach about potential acquisition

Kohl’s confirms approach about potential acquisition

By ANNE D’INNOCENZIO
NEW YORK (AP) — Kohl’s confirmed that it has been approached about a possible sale of the department store chain, sending shares up more than 30% in early trading Monday.
The company said that it would not comment further, but its confirmation follows media reports that the private equity firm Sycamore Partners had approached Kohl’s about a potential deal. Days earlier, a…

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