JCPenny offers $8.6 billion to acquire rival Kohl's: report - CBS News
4/25/2022 12:00:00 AM3 yearsago
by Megan Cerullo
by Megan Cerullo
Kohl's shares rose more than 4% on the news Monday.
Simon Property Group and Brookfield Asset Management, the owners of department store chain JCPenney, have made a bid to acquire rival retailer Kohl's, according to the New York Post. The shopping m… [+737 chars]
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