Macellum Issues Letter to Fellow Shareholders Regarding its Desire to Collaborate with the Kohl’s Board of Directors on an Immediate and Targeted Refresh
These directors then oversaw a slow moving and seemingly flawed sale process that collapsed this summer following months of foreseeable financing market deterioration.
- These directors then oversaw a slow moving and seemingly flawed sale process that collapsed this summer following months of foreseeable financing market deterioration.
- We recently approached the Board to collaborate on a refresh of the Board that could support long-term improvement at Kohls.
- We humbly ask likeminded shareholders to communicate their dissatisfaction with the status quo and desire not to wait until May of 2023 for Board change.
- For shareholders interested in further evaluation we have complied a resource center which can be accessed by the below hyperlinks.