Kohl’s (NYSE:) shares plunged 8% after-hours Thursday after the New York Put up reported that the public sale of the corporate has been “delayed indefinitely”, citing sources.

This could be a pointy reversal from earlier this 12 months when a number of bidders have been circling the corporate and a bid of $64 per share was submitted.

For the final a number of weeks, media experiences have leaked out displaying that one after the other the bidders have been shedding curiosity.

Previous bidders for the corporate included Starboard Worth-backed Acacia Analysis, Hudson (NYSE:) Bay, Sycamore Companions, Franchise Group (NASDAQ:), and J.C. Penney traders Simon Property Group Inc (NYSE:) and Brookfield Asset Administration Inc.

It’s unclear who’s left and what worth might be agreed upon by each events.

In mid-Might, the corporate posted dismal first-quarter outcomes and outlook. Gross sales for the 12 months at the moment are anticipated to be within the vary of 0% to 1% as in comparison with the prior 12 months. They’d seen income development of two% to three%.