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FRG News and Press, Franchise Group Inc. From 06/07/22

Stock Information

Company Name: Franchise Group Inc.
Stock Symbol: FRG
Market: NYSE
Website: franchisegrp.com

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FRG - Kohl's (KSS) Stock Jumps on Talks of $8 Billion Takeover

InvestorPlace - Stock Market News, Stock Advice & Trading Tips Source: Sundry Photography/Shutterstock.com Kohl’s (NYSE: KSS ) stock is up 10% today on news that the retailer has entered into “exclusive sale talks” with Franchise Group (NASDAQ: FRG ...

FRG - Franchise Group Enters into Exclusive Negotiations with Kohl's Corporation

DELAWARE, Ohio, June 06, 2022 (GLOBE NEWSWIRE) -- Franchise Group, Inc. (NASDAQ: FRG) (“Franchise Group”) today announced that it has entered into a three week exclusive negotiation period to acquire Kohl’s Corporation for $60.00 per share in cash. If Fr...

FRG - Russel Microcap revamp: consumer discretionary/staples stocks Lordstown, GrowGeneration among additions, Genius Brands, NewAge among losing spot

The Russell indexes annual reconstitution 2022 preliminary list is out and we are listing below notable companies in the Consumer Discretionary/Consumer Staples sectors which are scheduled for addition or deletion to the Russell Microcap Index. Changes become effective before m...

FRG - The Vitamin Shoppe Partners with Baranova27 to Donate over Two Tons of Protein Bars and Nutritious Snacks to Communities Impacted by the War in Ukraine

The Vitamin Shoppe Partners with Baranova27 to Donate over Two Tons of Protein Bars and Nutritious Snacks to Communities Impacted by the War in Ukraine PR Newswire Founded by Aleksandr, Maksim, and Valentin Chmerkovskiy, non-profit Baranova27 has spearheaded large-scal...

FRG - Sycamore and Franchise Submits Bids for Kohls

Sycamore Partners and Franchise Group Inc ( NASDAQ: FRG ), a retail holding company, has submitted bids to takeover control of Kohl’s Corp ( NYSE: KSS ) . Sycamore proposed a deal of $50 per share and Franchise Group gave a bid of about $60 a share. Bo...

FRG - Kohl's falls after report Hudson's Bay, Brookfield likely out of sales process

Kohn's (NYSE:KSS) dropped 5% on a report that Hudson Bay's interest in purchasing the department store chain has cooled. Brookfield (BAM) is also said to have existed the sales process, according to a Dealreporter item, which cited a source familiar. The volatile markets are also a ...

FRG - Kohl's jumps on report bidders expected to make offers lower than original bids

Kohl's Corp. (NYSE:KSS) soared 16% on a report that potential bidders are planning to make binding offers that are lower than their original bids. Sycamore Partners, Franchise Group (FRG) and Simon Property (SPG) and Brookfield Asset Management (BAM) plan to make offers that are at ...

FRG - Franchise Group: Gaining Some Franchising Momentum

Franchise Group gains momentum in its growing franchise stores backlogs. As a result of its M&A activity, this quarter's top line grew strongly year over year. It serves a growing market for online tutoring in the US and is expanding in all of its other operating segments. ...

FRG - Kohl's main bidders said to be on sidelines due to financing concerns - report (update)

Update 11:30am: Adds updated details from Women's Wear Daily article.  Kohl's (NYSE:KSS) main potential bidders are said to be on the sidelines because they are having trouble getting financing for a deal, according to a CNBC report.  A deal can't get financing in the $60s/share, ac...

FRG - Big Lots shares slump as Piper Sandler cuts price target

Big Lots (NYSE:BIG) shares dropped Friday as Piper Sandler cut its price target for the home discount retailer from $34 to $29. The brokerage maintained a neutral rating on the stock. Shares are currently down 7.4% to $27.14 and is down ~42.62% YTD. Peers Ollie's Bargain O...

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