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The Wall Street Journal

Activist Investor Ancora Seems to Oust Kohl’s CEO, Chairman

Ancora Holdings Inc., the activist investor that helped get three administrators put in on the board of Kohl’s final 12 months, is now making an attempt to have the retailer’s chairman and chief government eliminated.

In a letter to the Kohl’s board Thursday, Ancora mentioned the retailer wants new management following a gradual restoration from the pandemic, plunging profits and the scrapping of a potential sale to Franchise Group

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