Macellum Reminds Shareholders To Elect Its Candidates To Board

Macellum Advisors GP, LLC, a long-term holder of nearly 5% of the outstanding common shares of Kohl's Corp. (KSS), has asked shareholders to elect its experienced candidates to the company's Board. Macellum believes voting on its WHITE proxy card for at least a subset of its nominees, including a shareholder representative, is the best insurance policy for shareholders, regardless of whether a sale occurs or not.

"Shareholders should know that there is no recourse after this vote," Macellum Advisors said.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Salt Lake City, Utah-based Creminelli Fine Meats is recalling around 4,207 pounds of ready-to-eat or RTE parmesan salami sticks citing misbranding and an undeclared allergen, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS announced. The recall involves 2.6-oz. plastic pouches containing "CREMINELLI FINE MEATS salami minis UNCURED ITALIAN SALAMI PARMESAN" with "BES The U.S. Food and Drug Administration is proposing a rule that will broaden the range of nonprescription or over-the counter drugs available to consumers. The rule titled, "Nonprescription Drug Product with an Additional Condition for Nonprescription Use," is intended to increase options for the development of safe and effective nonprescription drugs. The U.S. Food and Drug Administration announced that Australian organic infant formula and baby food producer, Bellamy's Organic, has agreed to send around 696,000 cans of general formula milk to the United States to meet the supply shortage. Under the FDA's enforcement discretion to source more infant formula to the U.S., the available Bellamy's Organic products include about 1.4 million pounds.
Follow RTT