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Home » retail news » Is JCPenny Buying Kohl's?
It has been reported that the owners of JCPenney has made an offer to purchase Kohl's for approximately $8.6 billion dollars. The New York Post reported that Simon Property and Brookfield Asset Management have made an offer to acquire Kohl’s for $68 a share in a deal that could value the department-store chain at upwards of $8.6 billion.
Is JCPenney the only potential buyer?
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