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Finance

White Diamond’s Short Bet Against Intrusion

What’s New In Activism Kohl’s Corporation (NYSE:KSS) averted a showdown with a four-member activist group led by Macellum Capital Advisors by agreeing to add two directors to its board proposed by the investors. The company also announced the impending retirement of Chairman Frank Sica and director Steve Burd, both targets of the activists. Q1 2021 […]
Finance

Kohl’s Settlement With Actvists For Board Seats

Kohl’s Corporation (NYSE:KSS) commitment to great deals this spring extended beyond the coupon books piling up by my mailbox; it just settled with four activists that initially sought to replace a majority of its board. Q1 2021 hedge fund letters, conferences and more Kohl’s Deal With Activists Coming less than two months after the campaign […]