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home / news releases / FRG - Kohl's shares dip on terminating deal talks with Franchise Group

FRG - Kohl's shares dip on terminating deal talks with Franchise Group

Franchise Group Inc.

  • Kohl's ( NYSE: KSS ) shares plunged 15% in premarket trading after calling off talks to sell its business to The Vitamin Shoppe owner Franchise Group ( NASDAQ: FRG ) - CNBC .
  • Last week, Franchise Group had lowered its bid closer to $50 per share from about $60 .
  • At the start of the year, the company has received a per-share offer of $64 from Starboard-backed Acacia Research.
  • Shares down 28% on YTD basis and 35% over a period of one year.

For further details see:

Kohl's shares dip on terminating deal talks with Franchise Group
Stock Information
Company Name: Franchise Group Inc.
Stock Symbol: FRG
Market: NYSE
Website: franchisegrp.com
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