Why Kohl's Is the Newest Activist Investor Target
NEW YORK (The Deal) -- After a second-quarter earnings miss, Kohl's has become vulnerable to activist investors. The Menomonee Falls, Wis.-based department store operator's stock price reflects the disappointment in its performance. Tuesday, the shares closed at about $50, near a 52-week low of about $49. Given that reaction, investors could be receptive to a hedge fund seeking changes. After ...