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Hedge Fund Ancora Seeks Ouster of Kohl’s CEO, Chairman

Apollo in Talks to Provide up to $2 Billion in Financing for Kohl’s Sale

Ancora Holdings, one of the hedge funds that spearheaded a board shake-up last year at Kohl’s Corp , is now pushing for the removal of the US retailer’s chief executive and board chairman, according to a letter sent to the company on Thursday.

The move marks the beginning of a new round of shareholder unrest for Kohl’s after the company explored a sale and decided in July to remain independent, leading to a plunge in its shares and…


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