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Stock impact report

Engine Capital Sends Letter to the Board of Directors of Kohl's Regarding Significant Opportunities for Value Creation

Kohl's Corporation (KSS) 
Last kohl's corporation earnings: 3/3 07:00 am Check Earnings Report
US:NYSE Investor Relations: corporate.kohls.com/investors
Company Research Source: Business Wire
Asserts the Board Should Publicly Commit to Running a Review of Strategic Alternatives, Including a Separation of the Ecommerce Business and a Sale of the CompanyBelieves Kohl’s' Standalone Ecommerce Business Could be Conservatively Valued at $12.4 Billion or More Based on Peer ValuationsExpects Well-Capitalized Financial Sponsors Could Pay a 50% Premium, or $75 Per Share or More, to Acquire the Entire Company NEW YORK--(BUSINESS WIRE)--Engine Capital LP today announced that it has sent the below letter to Kohl's Corporation's (NYSE: KSS) Board of Directors.***Dear Members of the Board:Engine Capital LP (together with its affiliates, “Engine” or “we”) is a long-term shareholder of Kohl’s Corporation (“Kohl’s” or the “Company"), with an ownership position of approximately 1% of the Company’s outstanding shares. We invested in Kohl’s because of its differentiated positioning and underlying strength in the active and casual lifestyle categories. We also believe Kohl’s has a unique ret Show less Read more
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