Retail Giant Kohl's Gets $9B Bid From Activist Hedge Fund Starboard Value: Report
January 22, 2022 at 17:30 PM EST
A consortium backed by activist hedge fund Starboard Value LP is offering about $9 billion for Kohl's Corporation. People familiar with the developments say that Acacia Research Corp has led the offer, an effort spearheaded by CEO Clifford Press.
