Out with the old and entrenched board members at struggling Kohl’s, in with the new and open-minded.
That’s the hot take from Yahoo Finance’s chat on Monday with activist investor Macellum Capital, which is back in the trenches slinging the mud at Kohl’s after a bizarre bit of posturing by the retailer Friday.
“The board doesn’t appear to be working on shareholders’ behalf. It’s troubling to us, and we will continue to put pressure on the board by nominating another slate and give shareholders…
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