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KOHL'S CORPORATION ANNOUNCES INITIAL PUBLIC OFFERING OF COMMON STOCK

 KOHL'S CORPORATION ANNOUNCES INITIAL PUBLIC OFFERING OF COMMON STOCK
 MENOMONEE FALLS, Wis., May 19 /PRNewswire/ -- Kohl's Corporation, (NYSE: KSS) the parent of Kohl's Department Stores, Inc., today announced the initial public offering of 9,675,000 shares of common stock at a price of $14 per share. Of the shares offered, 8,065,000 shares were offered by the company and 1,610,000 shares by certain stockholders to the company. There are 35,038,217 shares outstanding after this offering. Net proceeds from the offering will be used to redeem outstanding debt.
 Kohl's Corporation, headquartered in Menomonee Falls, Wis., operates 76 family oriented, specialty department stores in Wisconsin, Illinois, Indiana, Ohio, Michigan and Minnesota.
 Morgan Stanley & Co. Incorporated; Montgomery Securities; Smith Barney, Harris Upham & Co. Incorporated and William Blair & Company are the managing underwriters for the offering.
 -0- 5/19/92
 /CONTACT: Jules Allen, chief financial officer of Kohl's Corporation, 414-783-1640/
 (KSS) CO: Kohl's Corporation ST: Wisconsin IN: REA SU: OFR


TS -- NY019 -- 1678 05/19/92 09:18 EDT
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Publication:PR Newswire
Date:May 19, 1992
Words:171
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