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Simon Property Group and

Brookfield Asset Management are offering to acquire retailer

Kohls Corp. in a deal that would be worth more than $8.6 billion, according to a

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report in the New York Post. 

Simon and Brookfield, which

bought rival department-store chain JCPenney out of bankruptcy, have offered $68 a share, according to people with knowledge of the talks who the Post didnt identify.