Activist investors take aim at Kohl’s, nominate nine board members

Activist investors take aim at Kohl’s, nominate nine board members

Shares of retailer Kohl’s spiked Monday morning after a report from the Wall Street Journal detailed that a group of activist investors with a nearly 10 percent stake in the company are attempting to take control of the board. Cara Lombardo, the reporter covering M&A for The Wall Street Journal who broke the story, joined “Squawk Box” on Monday to discuss.

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