Daily Archives: May 8, 2022

JCPenney Owners Offer to Buy Kohl’s for $8.6 Billion

The owners of JCPenney have made an offer to acquire rival Kohl’s in a deal that could value the department-store chain at upwards of $8.6 billion. Under the proposal, shopping-mall giant Simon Property and Canada-based Brookfield Asset Management — which … Continue reading

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