Kohl's Should Ignore Activist's E-Commerce Spinoff Proposal

·4 min read
Kohl's Should Ignore Activist's E-Commerce Spinoff Proposal

Over the weekend, Engine Capital launched the latest campaign along these lines. The hedge fund criticized Kohl's (NYSE: KSS) for its poor share price performance over the past decade. It wants Kohl's to fix that either by spinning off its e-commerce operations or selling the whole company.

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