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KSS exclusive negotiations for buyout. Arbitrage opportunity!
Kohl's Corporation
Long
KSS exclusive negotiations for buyout. Arbitrage opportunity!
By TopgOptions
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Jun 7, 2022
5
Jun 7, 2022
Kohl's Corp is in exclusive talks with the Franchise Group (FRG) over a possible $8 billion takeover.
Franchise Group to pay $60 a share for Kohl's.
The deal has entered a three-week exclusive discussion window.
From this price level there is a 45.44% arbitrage opportunity if the deal goes through.
Looking forward to read your opinion about it!
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