Kohl’s failed takeover was just one of a wave of abandoned deals amid market volatility
Kohl’s Corp. announced Friday that takeover talks with Vitamin Shoppe parent Franchise Group Inc. have ended, adding to a wave of ditched business deals amid unfavorable market conditions. Kohl’s KSS, -21.36% said it communicated with 25 parties, but Franchise Group’s FRG, -8.50% bid of $ 60 per share led to “exclusive negotiations.” “Despite a concerted … Read more