MENOMONEE FALLS, Minn., March 6 (UPI) --
Minnesota-based Kohl's Corp. said Monday it is selling its credit card business to the banking subsidiary of J.P. Morgan Chase
The big New York financial house will pay about $1.5 billion for the assets, American City Business Journal reported.
Kohl's will use the funds to help buy back $2 billion worth of common stock.
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