Hedge fund Macellum Advisors wants Kohl’s to shake up its board or face another proxy fight
An activist investor that has long targeted Kohl’s Corp. is ratcheting up the pressure, calling on the department-store chain to make changes to its board or face another proxy fight.
Macellum Advisors GP LLC, which has a roughly 5% stake in Kohl’s, is urging the company to replace three or more long-tenured directors, including its chairman, afterContinue reading your article with
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