Then Prime Minister Stephen Harper addresses supporters after he lost the federal election in Calgary, Alberta, October 19, 2015.
An activist hedge fund chaired by former Canadian Prime Minister Stephen Harper is pushing U.S. department store operator Kohl's to sell itself, according to people familiar with the matter.
Kohl's rejected acquisition offers worth as much as $64 per share in 2022, when it also came under pressure from several activist shareholders to explore a sale.
Kohl's was not available for comment and Vision One did not respond to requests for comment.
The development makes Kohl's the second U.S. department store operator to come under investor pressure to sell itself in as many months.
Persons:
Stephen Harper, Kohl's, Harper, Carl Icahn protégé Courtney Mather, Macy's
Organizations:
Canadian, Vision, Management Partners, Arkhouse Management, Brigade Capital Management
Locations:
Calgary , Alberta, Kohl's, U.S