Kohl’s Activist Group Pulls Back Proxy Demands
The investor group that holds 9.5% of KSS shares scaled back its attack on the retailer, and is now proposing only five nominees for the 12-member board, down from nine originally. It said in a release that its goal was not to take over control of the board, but to replace some of the long serving directors who “do not have ... Log in to view full article.