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


OTCPK:HBAYF - Post by User

Hudson's Bay Co. > News Out!
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Comment by CaptainConnon Nov 11, 2017 5:46pm
115 Views
Post# 26946066

RE:RE:RE:News Out!

RE:RE:RE:News Out!
It doesn't make sense for Signa to retrace their offer a week after submitting it. But i agree: since it is being treated so hostile, it is unlikely to be accepted. But i believe there is an another big shareholder, along with Litt, that has publicly stated they should accept it. I don't know. Own the stock and sell $14-16 covered calls. That is the best way to play it imo.
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