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freerepublic.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freerepublic.com Daily Mail and Mail on Sunday newspapers.

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JCPenney owners offer to buy archrival Kohl's for $8.6B

The owners of JCPenney have made an offer to acquire archrival Kohl’s in a deal that could value the department-store chain at upwards of $8.6 billion, The New York Post has learned. ....

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JCPenney owners are 'set to offer to buy Kohl's' in deal that could value chain at $8.6 billion

The offer from Simon Property and Brookfield Asset Management - which together bought JCPenney out of bankruptcy in 2020 for $1.5billion - seeks to buy Kohl s at $68 a share. ....

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