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KOHL'S CORPORATION ANNOUNCES FILING OF REGISTRATION STATEMENT FOR COMMON STOCK OFFERING

 MENOMONEE FALLS, Wis., Nov. 24 ~PRNewswire~ -- Kohl's Corporation (NYSE: KSS), the parent of Kohl's Department Stores, Inc., has announced that it filed a Registration Statement with the Securities and Exchange Commission for a public offering of 4,250,000 shares of common stock. The offering will include 1,500,000 shares being sold by the company, the net proceeds of which will be used for general corporate purposes including continued store expansion. The remaining 2,750,000 shares will be sold by certain stockholders of the company. The selling stockholders have granted the underwriters an option to purchase an additional 637,500 shares to cover any over-allotments.
 Kohl's Corporation, headquartered in Menomonee Falls, operates 81 family-oriented, specialty department stores in Wisconsin, Illinois, Indiana, Ohio, Michigan and Minnesota.
 Morgan Stanley & Co., Incorporated; William Blair & Company; Montgomery Securities; Smith Barney; Harris Upham & Co., Incorporated; and Robert W. Baird & Co., Incorporated will be the managing underwriters for the offering.
 A registration statement relating to these securities has been filed with the Securities and Exchange Commission but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sales of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 A written prospectus meeting the requirements of Section 10 of the Securities Act of 1933 may be obtained from Morgan Stanley & Co., Inc., 1251 Avenue of the Americas, New York, N.Y., 10020.
 -0- 11~24~92
 ~CONTACT: Jules Allen, chief financial officer for Kohl's Corporation, 414-783-1640~
 (KSS)


CO: Kohl's Corporation ST: Wisconsin IN: REA SU: OFR

KH -- MN004 -- 3848 11~24~92 12:31 EST
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Publication:PR Newswire
Date:Nov 24, 1992
Words:319
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