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Hudson's Bay Co. T.HBC


Primary Symbol: HBAYF

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.


OTCPK:HBAYF - Post by User

Comment by las5513on Aug 01, 2017 4:29am
86 Views
Post# 26532046

RE:Land and Buildings issues letter to Hudson's Bay

RE:Land and Buildings issues letter to Hudson's BayBased on this closing sentence/threat ("If we do not see substantive progress on a plan to close the gap to underlying asset value, Land and Buildings may be left with no choice but to call a special meeting of shareholders to remove directors.") I suspect L&B doesn't want to a shareholders meeting as they may get defeated, investors could easily decide to vote "NO" to L&B because it's better the devil you know than the devil you don't.
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