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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

Post by talladega73on May 03, 2018 7:44am
76 Views
Post# 27974813

HBC has strong shareholder support for

HBC has strong shareholder support for Rhone Capital investment. I suspect the other large shareholders supported the sale of about 50 million shares of HBC to Rhone in December 2017 at $12.42 per share was simply that the existing shareholders realized the company was properly value at that price and talk about the stock being worth over $30 per shares was merely wishful thinking. HBC continues to lose money and looks to go deeper in the hole, what a disaster this has turned out to be.
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