Photo: Eugene Gologursky/Getty Images for Sephora at Kohl's
A long list of potential buyers have turned up for Kohl's. As for what deal makes the most M&A sense for the department store (should it go down that road), the latest pair of suitors adds the most amount of industrial logic.
Why it matters: Suitors Simon Property Group and Brookfield Propertiesown JCPenney, a Kohl's rival. By merging the two banners, huge cost savings could be realized through sourcing, distribution and administration. Cash flows can be borrowed against or reinvested. The combined company could grow and thrive.
