JCPenney Owners Offer $8.6 Billion For Kohl's, NYPost Reports
April 25, 2022 at 14:15 PM EDT
Simon Property Group and Brookfield Asset Management the new owners of JCPenney, have allegedly made an offer to acquire department store retail chain Kohl's for $8.6 billion. Under the proposal, the two would buy Kohl's for around $68 per share.
