, Columnists
Kohl's Will Find Cold Shoulders
The debt load will be high and chances of a quick profit low.
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Kohl's might put itself up for sale, but that doesn't mean anyone will step up to buy it.
In a move designed to fend off activists, the flailing department store chain is considering taking itself private or breaking off parts of its business, according to the Wall Street Journal. But encouraging a private equity buyer to pay a premium above its market value of $9.5 billion -- and take over its $5.1 billion in debt -- may be impossible.