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The Latest Breaking News from Macellum Advisors

Why Kohl's Shares Are Plunging Today

Kohl's Corp (NYSE:KSS) has called off discussions to sell its business to Franchise Group Inc (NASDAQ:FRG), CNBC reported. The decision comes at a time when there is increased volatility in the stock market and the economy as the Federal Reserve seeks to hike interest rates to contain inflation. Related: Multiple Bidders, Key Executives Departure, Mixed…

SpartanNash Investors Block Bid To Revamp Company's Board: What You Need To Know

SpartanNash Investors Block Bid To Revamp Company's Board: What You Need To Know

SpartanNash Co (NASDAQ: SPTN) shareholders rejected board nominations from activist investors on Thursday morning, according to a report from Crain’s

What's Going On With Kohl's Shares Today

What's Going On With Kohl's Shares Today

Kohl's Corp (NYSE:KSS) shareholders have voted to re-elect all thirteen of the company's director nominees at the 2022 Annual Meeting of Shareholders. "We would like to thank our shareholders for their support throughout this proxy contest," said Peter Boneparth, Chairman of the Board. The preliminary result means that shareholders have voted down Macellum Advisors' director…

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This Is How One Large Options Trader Expects Kohl's To Move

Shares of Kohl's Corporation (NYSE: KSS) jumped more than 4% on Tuesday on news of activist investor Macellum Advisors, which owns a stake of around 5% in the department-store chain, urging the company to make changes to boost its share price.

Why Kohl's Shares Are Rising Today

Kohl's Corp (NYSE: KSS) is trading higher Tuesday after the company announced its shareholder, Macellum Advisors, issued a letter to Kohl's shareholders urging the company to make changes to its board of directors or explore a sale if it's unable to make other changes to boost i

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Franchise Group Inc

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