Thread regarding Kohl's layoffs

This will be interesting

Department store giant Kohl's has been offered an acquisition deal by competitor JCPenney for a whopping $8.6 billion, according to a New York Post report.

Simon Property and Brookfield Asset Management, both of which aided JCPenney out of bankruptcy in 2020, have reportedly offered $68 a share to acquire the Wisconsin-based retailer.

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