Macellum Asks Kohl's for Board Seat, Public Commitment to Explore Sale_老虎社区_美港股上老虎

Macellum Asks Kohl's for Board Seat, Public Commitment to Explore Sale

StreetInsider2022-01-25

Activist hedge fund Macellum Advisors, which wants Kohl's Corp to consider putting itself up for sale, is now pressing the U.S. retailer for at least one board seat and a public statement that the ...

网页链接

免责声明：本文观点仅代表作者个人观点，不构成本平台的投资建议，本平台不对文章信息准确性、完整性和及时性做出任何保证，亦不对因使用或信赖文章信息引发的任何损失承担责任。

WilliamFish
·2022-01-25
O
回复
1
举报
收起
- WilliamFish:
  o
  2022-01-25
  回复
  举报

热议股票

7x24

全部

关于我们·老虎社区守则·老虎社区账号管理规范·老虎社区服务协议·老虎社区隐私政策

公司名称：北京至简风宜信息技术有限公司

违法和不良信息投诉：010-5681-3562（工作时间9:30-18:30）

邮箱：service@laohu8.com

营业执照：91110105MA01A4U55R

ICP备：京ICP备18016422号

网安备：京公网安备11010502036490

关注我们

{"i18n":{"language":"zh_CN"},"data":{"share":"https://www.laohu8.com/m/news/2206831757?lang=zh_CN&edition=full","thumbnail":"","is_english":true,"pubTime":"2022-01-25 21:44","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2206831757","market":"us","top_or_hot":-1,"title":"Macellum Asks Kohl's for Board Seat, Public Commitment to Explore Sale","media":"StreetInsider","content":"<div>\n<p>Activist hedge fund Macellum Advisors, which wants Kohl's Corp to consider putting itself up for sale, is now pressing the U.S. retailer for at least one board seat and a public statement that the ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19499212\">网页链接</a>\n\n</div>\n","source":"highlight_streetinsider","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Macellum Asks Kohl's for Board Seat, Public Commitment to Explore Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMacellum Asks Kohl's for Board Seat, Public Commitment to Explore Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-25 21:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19499212><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Activist hedge fund Macellum Advisors, which wants Kohl's Corp to consider putting itself up for sale, is now pressing the U.S. retailer for at least one board seat and a public statement that the ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19499212\">网页链接</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.streetinsider.com/dr/news.php?id=19499212","article_id":"2206831757","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2206831757","pubTimestamp":1643118290,"sourceInfo":{"source_id":"highlight_streetinsider","name":"StreetInsider"},"weMediaInfo":null,"summary":"Activist hedge fund Macellum Advisors, which wants Kohl's Corp to consider putting itself up for sal","collect":0,"end_time":0,"defaultTopTitle":"streetinsider.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"麦克勒姆向柯尔寻求董事会席位，公开承诺探索出售","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"KSS":1},"content_text":"Activist hedge fund Macellum Advisors, which wants Kohl's Corp to consider putting itself up for sale, is now pressing the U.S. retailer for at least one board seat and a public statement that the company is reviewing strategic alternatives, according to a letter reviewed by Reuters.Macellum, which owns roughly 5% of Kohl's stock, sent the letter hours after Acacia Research Corp, backed by activist investor Starboard Value, on Monday confirmed an offer to buy the company for $64 a share, valuing Kohl's at roughly $9 billion.In addition to Acacia's bid, Sycamore Partners is also preparing an all-cash offer for Kohl's at $65 per share, sources said on Sunday.Kohl's shares surged 36% on Monday to close at $63.71.\"The best risk-adjusted path forward for shareholders right now is a credible and open process to evaluate a full sale of the company at an attractive premium,\" Macellum's managing partner Jonathan Duskin wrote. \"Investors want an organized sales process.\"He wants Kohl's to provide at least one unconditional board seat for a Macellum representative and to have that person lead a new committee that will oversee the review process, the letter said.\"We do not have faith in the current board to run this process on its own, nor do we believe the Board is capable of objectively evaluating possible bids,\" Duskin wrote.A representative for Kohl's declined to address the Macellum letter directly on Tuesday and referred back to a statement from Monday which said the company will not make further public comment on expressions of interest unless \"it is in the best interests of the shareholders.\"Kohl's is exploring its options, including a possible sale, with advice from investment bank Goldman Sachs, two sources familiar with the matter said.The people with knowledge of the matter declined to be identified because they were not permitted to discuss it publicly.Pressure has been building on Kohl's since last week when Macellum said it planned to nominate directors to the board and wanted the company to consider a sale, and when Reuters reported that Acacia Research was preparing a bid for the company.Duskin is ratcheting up that pressure less than a year after he and others reached a settlement that saw the company add three new directors.He said in the letter reviewed by Reuters that he may take legal action or run another proxy contest if Kohl's board \"chills\" a sale process.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":639917896,"gmtCreate":1643120057085,"gmtModify":1643120057226,"author":{"id":"3584440700668924","authorId":"3584440700668924","name":"WilliamFish","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3584440700668924","authorIdStr":"3584440700668924"},"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/639917896","repostId":2206831757,"repostType":4,"repost":{"id":"2206831757","pubTimestamp":1643118290,"share":"https://www.laohu8.com/m/news/2206831757?lang=&edition=full","pubTime":"2022-01-25 21:44","market":"us","language":"en","title":"Macellum Asks Kohl's for Board Seat, Public Commitment to Explore Sale","url":"https://stock-news.laohu8.com/highlight/detail?id=2206831757","media":"StreetInsider","summary":"Activist hedge fund Macellum Advisors, which wants Kohl's Corp to consider putting itself up for sal","content":"<html><head></head><body><p>Activist hedge fund Macellum Advisors, which wants Kohl&#39;s Corp to consider putting itself up for sale, is now pressing the U.S. retailer for at least one board seat and a public statement that the company is reviewing strategic alternatives, according to a letter reviewed by Reuters.</p><p>Macellum, which owns roughly 5% of Kohl&#39;s stock, sent the letter hours after Acacia Research Corp, backed by activist investor Starboard Value, on Monday confirmed an offer to buy the company for $64 a share, valuing Kohl&#39;s at roughly $9 billion.</p><p>In addition to Acacia&#39;s bid, Sycamore Partners is also preparing an all-cash offer for Kohl&#39;s at $65 per share, sources said on Sunday.</p><p>Kohl&#39;s shares surged 36% on Monday to close at $63.71.</p><p>&#34;The best risk-adjusted path forward for shareholders right now is a credible and open process to evaluate a full sale of the company at an attractive premium,&#34; Macellum&#39;s managing partner Jonathan Duskin wrote. &#34;Investors want an organized sales process.&#34;</p><p>He wants Kohl&#39;s to provide at least one unconditional board seat for a Macellum representative and to have that person lead a new committee that will oversee the review process, the letter said.</p><p>&#34;We do not have faith in the current board to run this process on its own, nor do we believe the Board is capable of objectively evaluating possible bids,&#34; Duskin wrote.</p><p>A representative for Kohl&#39;s declined to address the Macellum letter directly on Tuesday and referred back to a statement from Monday which said the company will not make further public comment on expressions of interest unless &#34;it is in the best interests of the shareholders.&#34;</p><p>Kohl&#39;s is exploring its options, including a possible sale, with advice from investment bank Goldman Sachs, two sources familiar with the matter said.</p><p>The people with knowledge of the matter declined to be identified because they were not permitted to discuss it publicly.</p><p>Pressure has been building on Kohl&#39;s since last week when Macellum said it planned to nominate directors to the board and wanted the company to consider a sale, and when Reuters reported that Acacia Research was preparing a bid for the company.</p><p>Duskin is ratcheting up that pressure less than a year after he and others reached a settlement that saw the company add three new directors.</p><p>He said in the letter reviewed by Reuters that he may take legal action or run another proxy contest if Kohl&#39;s board &#34;chills&#34; a sale process.</p></body></html>","source":"highlight_streetinsider","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Macellum Asks Kohl's for Board Seat, Public Commitment to Explore Sale</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMacellum Asks Kohl's for Board Seat, Public Commitment to Explore Sale\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-25 21:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19499212><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Activist hedge fund Macellum Advisors, which wants Kohl's Corp to consider putting itself up for sale, is now pressing the U.S. retailer for at least one board seat and a public statement that the ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19499212\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KSS":"柯尔百货","BK4103":"百货商店"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19499212","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206831757","content_text":"Activist hedge fund Macellum Advisors, which wants Kohl's Corp to consider putting itself up for sale, is now pressing the U.S. retailer for at least one board seat and a public statement that the company is reviewing strategic alternatives, according to a letter reviewed by Reuters.Macellum, which owns roughly 5% of Kohl's stock, sent the letter hours after Acacia Research Corp, backed by activist investor Starboard Value, on Monday confirmed an offer to buy the company for $64 a share, valuing Kohl's at roughly $9 billion.In addition to Acacia's bid, Sycamore Partners is also preparing an all-cash offer for Kohl's at $65 per share, sources said on Sunday.Kohl's shares surged 36% on Monday to close at $63.71.\"The best risk-adjusted path forward for shareholders right now is a credible and open process to evaluate a full sale of the company at an attractive premium,\" Macellum's managing partner Jonathan Duskin wrote. \"Investors want an organized sales process.\"He wants Kohl's to provide at least one unconditional board seat for a Macellum representative and to have that person lead a new committee that will oversee the review process, the letter said.\"We do not have faith in the current board to run this process on its own, nor do we believe the Board is capable of objectively evaluating possible bids,\" Duskin wrote.A representative for Kohl's declined to address the Macellum letter directly on Tuesday and referred back to a statement from Monday which said the company will not make further public comment on expressions of interest unless \"it is in the best interests of the shareholders.\"Kohl's is exploring its options, including a possible sale, with advice from investment bank Goldman Sachs, two sources familiar with the matter said.The people with knowledge of the matter declined to be identified because they were not permitted to discuss it publicly.Pressure has been building on Kohl's since last week when Macellum said it planned to nominate directors to the board and wanted the company to consider a sale, and when Reuters reported that Acacia Research was preparing a bid for the company.Duskin is ratcheting up that pressure less than a year after he and others reached a settlement that saw the company add three new directors.He said in the letter reviewed by Reuters that he may take legal action or run another proxy contest if Kohl's board \"chills\" a sale process.","news_type":1},"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":7208962,"gmtCreate":1643120064730,"gmtModify":1643120064760,"authorId":3584440700668924,"author":{"id":3584440700668924,"idStr":"3584440700668924","authorId":3584440700668924,"name":"WilliamFish","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":639917896,"type":1,"supId":0,"prevId":0,"content":"o","text":"o","html":"o"}],"langContent":"CN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":9,"commentSize":1,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}