InsideArbitrage Potential Deal Alert: Former Canada prime minister’s hedge fund pushes Kohl’s to sell itself

  • February 7, 2024

POTENTIAL DEAL DETAILS

StockKohl's CorporationSymbolKSS
Date Announced02/06/2024Source Reuters
TypeNews Report

According to Reuters, Vision One Management Partners, a fund co-founded by former Canadian Prime Minister Stephen Harper and former Carl Icahn protege Courtney Mather has built a stake in Kohl’s and is pushing the company  to sell itself.

Previously, we added Kohl’s deal on December 2021 when activist investor Engine Capital urged department-store chain Kohl’s Corp. (KSS) to consider a sale of the company. On July 01, 2022, Kohl’s Corporation (KSS) announced that following the exclusive negotiation period with Franchise Group the Kohl’s Board of Directors concluded its strategic review process.

Kohl’s Corp Investor Relations

Disclaimer: Our intent with this section of the website is to present potential deals that appear to be in the pipeline. These potential deals are ones where i) the company has indicated that it is "seeking strategic alternatives", ii) there has been an unsolicited bid for a company as mentioned in a press release by the company or iii) news about the deal has been published by a leading news organization like The Wall Street Journal, The New York Times, Bloomberg, Financial Times, The Washington Post, Reuters and The Associated Press. As best as possible we will try to avoid baseless rumors. There is a high probability that many of these potential deals may not materialize and if they do, the terms of the deal may be different from what was initially reported. Please do your own due diligence before buying or selling any securities mentioned on this website. We do not warrant the completeness or accuracy of the content or data provided.