Item 7.01 - Regulation FD Disclosure.

Acacia Research Corporation ("Acacia") has submitted a private proposal to Kohl's Corporation ("Kohl's") to acquire 100% of the outstanding shares of Kohl's for $64 per share in cash. In conversations related to the proposal, representatives of Acacia and Kohl's discussed Acacia's business strategy and prospective plans with respect to Kohl's. Acacia's Chief Executive Officer, Clifford Press, stated that Kohl's is an attractive company and expressed interest in participating in a productive, private dialogue regarding a transaction. Jefferies LLC is acting as financial advisor to Acacia.

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