The potential sale of the Kohl’s department store chain has fallen apart, according to a Wisconsin State Journal report. The Wisconsin-based Kohl’s Corp. had entered into exclusive talks with Franchise Group, the owner of Vitamin Shoppe and other retail outlets, with a deal potentially worth about $8 billion. A spokesman for the Kohl’s board said it determined they would not pursue the deal given the current volatile market.
Kohl’s acquisition deal dissolves
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