Kohl's Board of Directors Provides Update on Review of Unsolicited Expressions of Interest
Kohl's Corporation (NYSE:KSS) ("Kohl's" or the "Company") today issued the following statement:
The Kohl's Board of Directors (the Board) has determined, following a review with its independent financial advisors and upon the recommendation of its Finance Committee, that the valuations indicated in the current expressions of interest which it has received do not adequately reflect the Company's value in light of its future growth and cash flow generation. The Board is committed to maximizing the long-term value of the Company and will review and pursue opportunities that it believes would credibly lead to value consistent with its performance and future opportunities.
The Board has design
