![Franchise Group mulls lowering bid for Kohl's to $50 per share - CNBC](https://i-invdn-com.investing.com/trkd-images/LYNXMPEI5L0W9_L.jpg)
© Reuters. The Kohl’s label is seen on a shopping cart in a Kohl’s department store in the Brooklyn borough of New York, U.S., January 25, 2022. REUTERS/Brendan McDermid
(Reuters) – Franchise Group (NASDAQ:) is considering lowering its bid for department store chain Kohl’s Corp (NYSE:) to $50 per share from about $60, CNBC reported on Wednesday, citing a source familiar with the deal talks.
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