Reuters exclusively reports activist investor Macellum prepares Kohl's board challenge - Reuters News Agency
Business & Finance

Reuters exclusively reports activist investor Macellum prepares Kohl’s board challenge

Reuters reported exclusively that activist hedge fund Macellum Advisors GP LLC is planning to nominate directors to Kohl’s Corp’s board because it believes the U.S. retailer has not done enough to improve its business. Reuters sources said Macellum, run by hedge fund veteran Jonathan Duskin, is preparing a slate of nominees with retail and operating experience to again challenge the Kohl’s board early next year.  

Article Tags
Topics of Interest: Business & Finance
Type: Reuters Best
Sectors: Equities
Regions: North America
Win Types: Exclusivity
Story Types: Exclusive / Scoop
Media Types: Text
Customer Impact: Important Regional Story
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