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Kohl s Faces Activist Group Seeking Control of Board

Kohl’s Faces Activist Group Seeking Control of Board Bloomberg 2/22/2021 Scott Deveau © Bloomberg Shoppers wearing protective masks walk outside a Kohl s Corp. department store in Jersey City, New Jersey, U.S., on Friday, Aug. 14, 2020. Kohl s is scheduled to release earnings figures on August 18. (Bloomberg) Kohl’s Corp. said it rejects attempts by a group of activists “to seize control of our board and disrupt our momentum,” pushing back against a group that seeks to name nine directors and overhaul the retailers’ inventory. The shares pared some of their earlier gains. Popular Searches “We are well underway in implementing a strong growth strategy and accelerating our performance,” the company said in a statement on its website, adding that its plans already include several of the initiatives the activist investors are proposing. Other plans, it said, “would not be accretive to shareholder value.” The company pointed to sequentia

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Activist investor group seeks to replace nine board members at Kohl s

Activist investor group seeks to replace nine board members at Kohl s
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Activist investors blast Kohl s management in scathing letter

Kohl's finds itself under siege by a group of activist investors. Here's why.

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Kohl s rejects activist investors bid for board control

Kohl's Corp on Monday rejected a move by an investor group to nominate nine directors to revive the business of the troubled department store chain, calling it an attempt to "seize control" of its board.

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Kohl s tried striking a deal with Amazon It wasn t enough

Kohl s tried striking a deal with Amazon It wasn t enough
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