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Kohl’s Puts Up Poison Pill After Rejecting Takeover Bids

When it’s deliver-or-die, supply chains become the lifeblood of a company. To that end, the fashion industry has embraced technology to navigate today’s hyper-complicated supply chain, with myriad solutions shaping the first, middle and last mile. Call it Sourcing 2.0.

Kohl’s Corp. is playing hardball. The department store retailer on Friday rejected buyout offers that “do not adequately reflect the company’s value in light of its future growth and cash flow generation.” It also adopted a shareholder rights plan, or “poison pill,” a tactic commonly employed to discourage hostile takeovers. Friday’s developments are the latest…

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