1. Hudson Bay Corporation

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    1. Mentioned In 10 Articles

    2. Saks Fifth Avenue's Struggling Parent Company is Going Private

      Saks Fifth Avenue's Struggling Parent Company is Going Private
      Hudson's Bay, which owns Saks Fifth Avenue, is being taken private by a group of its shareholders. The shareholder group, which includes Hudson's Bay Executive Chairman Richard Baker, owns 57% of the Canadian company. Hudson's Bay has struggled to adapt to a dramatic shift to online shopping...
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    3. Hudson's Bay Special Panel Says Chairman Baker's Bid Inadequate

      Hudson's Bay Special Panel Says Chairman Baker's Bid Inadequate
      (Reuters) - A special panel of Hudson's Bay Co reviewing a C$1.74 billion take-private bid for the retailer, proposed by Chairman Richard Baker and a group of shareholders, said the offer was inadequate based on an initial analysis. The Baker-led consortium, owning 57% of Hudson's Bay, had offered to buy the struggling retailer for C$9.45 per share in June...
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    4. Catalyst Offers to Buy Hudson’s Bay Shares to Block Takeover Bid

      Catalyst Offers to Buy Hudson’s Bay Shares to Block Takeover Bid
      Private equity firm Catalyst Capital Group Inc. is offering to purchase up to $150 million (US$114 million) worth of shares of Hudsons Bay Co. ( HBC.TO ) as it builds a stake in the Canadian retailer in an effort to thwart a proposed takeover of the company. The Toronto-based firm said in a statement Monday it was was prepared to pay $10.11 per share in cash for up to ...
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    5. Chairman’s Bid for Hudson’s Bay ‘Woefully Inadequate,’ Litt Says

      Chairman’s Bid for Hudson’s Bay ‘Woefully Inadequate,’ Litt Says
      (Bloomberg) -- Activist investor Land Buildings Investment Management has often pushed for change at struggling Hudsons Bay Co. But not just any change will do -- especially not the chairmans woefully inadequate offer to take the retailer private. The New York hedge fund, run by Jonathan Litt, came out swinging Tuesday against the C$9.45-a-share bid announced last week by Richard Baker and other investors for the remaining stock of Hudsons ...
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    6. HBC sells Lord & Taylor Flagship Store in NYC to WeWork for $1B

      HBC sells Lord & Taylor Flagship Store in NYC to WeWork for $1B
      The Hudson's Bay Company has struck a deal to sell Lord Taylor's flagship store in New York to office-sharing company WeWork, which will move into some space in the retailer's other properties. The deal will see HBC continue to run the store in the location on 5th Avenue until the end of next year, at which point it will be converted into WeWork's new headquarters, and ...
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