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Kohl’s Confirms Takeover Offers

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Kohl’s has some tough decisions ahead. The Menomonee Falls, Wis.-based department store retailer on Monday confirmed it received “letters expressing interest in acquiring the company,” the latest development in months of activist agitation pressuring the chain for a wide-ranging shakeup. Numerous players have entered the fray. Acacia Research, backed by activist hedge fund Starboard Value,…

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