On October 13, 2022, Macellum Advisors GP LLC announced that it has sent a letter to shareholders of Kohl's Corporation, highlighting the performance of Company management against creating shareholders value. In addition, Macellum Advisors GP LLC stated its intention of Company board change, as opposed to waiting for a vote at 2023 Annual Meeting of Shareholders.
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- Macellum Advisors GP LLC Issues an Open Letter to Shareholders of Kohl’s Corporation