Kohl’s Stock Climbs on Reports of a $9 Billion Offer From Franchise Group

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Kohl’s stock climbed on a report Tuesday that Franchise Group is the latest company to throw its hat in the ring to buy the company, with a $9 billion offer.

Yet another bidder, offering a premium for the stock, increases the likelihood that a deal will ultimately happen.

Sources close to the deal told Reuters that Franchise Group (ticker:…