kohls corp shares rallied further wednesday advancing roughly 13 to 6056 after the wall street journal reported that privateequity firm sycamore partners and canadas hudsons bay plan to submit takeover bids that could value the departmentstore chain above 9 billion the privateequity firm and the departmentstore chain plan to bid in the high 60s a share for kohls which asked suitors to submit offers by wednesday wsj reported kohls has indicated to suitors it believes the company is worth over 70 a share kohls shares closed tuesday at 5382 they jumped to around 58 a share wednesday morning after axios reported that hudsons bay was considering a bid