Hudson's Bay Co. T.HBC

Primary Symbol: 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. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC joint venture.

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Hudson's Bay Co. > HBC acting like it is the target

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Comment by Alan69on Feb 06, 2017 4:08pm

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Post# 25806548

RE:HBC acting like it is the target

I was just going to post your exact observation. I still can't get past the idea of Macy's packing up and moving to Canada. Makes no sense from a number of standpoints. It would be much easier for Macy's to buy Hbc. To reiterate Hbc would garner a much better valuation on the NYSE. If Hbc bought Macy's, it would push hbc's US holdings into the 70-80% range.

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