After rough run, Kohl’s surges on potential takeover

SHARES OF the department store Kohl’s are up more than 11% after the retailer said that it is in advanced talks to be sold in a deal worth about $8 billion. The Wisconsin chain said late Monday that it was in a three-week exclusive takeover period with the owner of Vitamin Shoppe for $60 per share. / TED SHAFFREY / ASSOCIATED PRESS FILE PHOTO
Shares of Kohl's spiked more than 11% Tuesday after the retailer said that it is in advanced talks to be sold in a deal worth about $8 billion. The Wisconsin chain said late Monday that it was in a three-week exclusive takeover period with the owner of Vitamin Shoppe for $60 per share. The potential…

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