Have private markets become too big to hide? The SEC thinks so

Have private markets become too big to hide? The SEC thinks so

A year has passed since Gary Gensler was nominated to his post as SEC chairman. In that relatively short time, the agency has drawn up an agenda for private markets that is quickly gaining steam. Two pieces of news from recent weeks offer an indication of what the...
Kohl’s: Buyout offers undermine value of business

Kohl’s: Buyout offers undermine value of business

Kohl’s says that recent offers to purchase the department store chain undervalue its business. It says it is adopting a shareholder rights plan to head off any hostile takeovers. The shareholder rights plan is effective immediately and expires in a year. The move...