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Department store chain Kohl's (KSS)  reportedly is in discussions with At Home Group (HOME) about acquiring the U.S. home decor retail chain.

Citing sources familiar with the matter, Reuters reported that Kohl's recently has been involved in conversations with At Home Group to explore a potential deal.

At Home Group has been exploring a sale for the last three months and is already in advanced deal negotiations with private-equity firms and buyout firms including Hellman & Friedman LLC.

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Private-equity firms AEA Investors LP and Starr Investment Holdings LLC took the company public in 2016. They own 16.6% and 9.9% of At Home Group, respectively.

Shares of At Home Group gained 1.57% to $22.70 in early trading on Thursday after gaining more than 8%, or $1.69, to $22.30 on Wednesday. Kohl's shares were up 0.17% at $64.26 in early trading on Thursday after falling 1.95%, or $1.69, to $22.30 on Wednesday.

At Home Group operates 188 stores in 38 states, selling everything from furniture, mirrors, rugs, art and housewares to tabletop, patio and seasonal décor. Kohl's has more than 1,100 stores.

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