Franchise Group is in talks to buy the Kohl's chain of department store retailers for $8 billion, or $60 a share, a source told CNBC. The deal must be approved by the boards of directors of both companies. Kohl's declined to comment until an agreement is reached.
Franchise Group is in talks to buy the Kohl's chain of department store retailers for $8 billion, or $60 a share, a source told CNBC. The deal must be approved by the boards of directors of both companies. Kohl's declined to comment until an agreement is reached. 
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