Bullboard - Stock Discussion Forum Hudson's Bay Co. HBAYF

Consumer Cyclical

Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures... see more

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Post by oceanelevenon Nov 27, 2019 1:00pm

TeamEddie

wears egg on da face eh!!!!!!!! you gotta luv this: "It has been a revelation to us how far Richard Baker will go to acquire this iconic company for as cheaply as possible, without ...more

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Comment by Maxmoeon Nov 27, 2019 12:41pm

RE:RE:RE:RE:RE:Congrats guys $11

Hmmmm. Let's see Eddie. Pick one 1) is this the cry me a river? 2) did you burn your bridges? 3) you can't walk across? 4) can't you just part the waters before pharaoh ...more

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Discussion

Comment by Bookendson Nov 27, 2019 12:11pm

RE:RE:RE:Can they both vote down their offer?

99reasons... I know it makes no sense for them to do it... But I'm sure they will double down on their actions and put of releases saying that the Baker offer is a superior one than Catalyst. ...more

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Comment by Bookendson Nov 27, 2019 12:04pm

RE:RE:Can they both vote down their offer?

Yeah, I know the consortium owns 57%... But that is not Baker personally. And as pointed out before, the consortium has a lock up agreement expiring in early January. I'm talking about Baker ...more

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Discussion

Comment by 99Reasonson Nov 27, 2019 12:02pm

RE:RE:Can they both vote down their offer?

Yes, but let’s see how the Board responds. How can they not recommend acceptance.

Discussion

Comment by Sikongon Nov 27, 2019 11:54am

RE:Can they both vote down their offer?

Obviously. From the globe and mail: "Bakers consortium already owns 57 per cent of Hudsons Bay and has previously informed the company it would block a sale to another party."

Discussion

Comment by TeamEddieon Nov 27, 2019 11:44am

RE:RE:RE:RE:Congrats guys $11

hey can you give me a ride across the river

Discussion

Post by XXX28XXXon Nov 27, 2019 11:12am

Baker says Catalyst bid..."NON Executable"

lol.....boys in the school yard seeing who will back down first....alot of chest pounding going on....makes for an interesting market..

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Comment by Maxmoeon Nov 27, 2019 10:37am

RE:RE:RE:Congrats guys $11

Why would anyone sell? This is bid number 4. More to come. Unlike you, I don't care who wins. I win regardless.

Discussion

Post by Bookendson Nov 27, 2019 10:34am

Can they both vote down their offer?

Meaning, can Baker vote down a potential offer from Catalyst and vice versa? In which case we can be on standstill and the stock might still plummet... Assuming both parties are too stubborn to ...more

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Discussion