Sycamore, Franchise Group Submit Bids for Kohl’s
Kohl’s Corp.
KSS 2.44%
received takeover bids from private-equity firm Sycamore Partners and retail holding company
Franchise Group Inc.,
FRG -0.69%
according to people familiar with the matter.
Sycamore’s bid values the Wisconsin department-store chain in the mid-$50s a share, while
Franchise Group
offered around $60, some of the people said, equating to…