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Hudson's Bay Co. 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 88guy88on Jul 25, 2019 9:53am
50 Views
Post# 29958765

RE:Nothing will transpire here until 2020. Need to improve

RE:Nothing will transpire here until 2020. Need to improveI think investors will accept an improved bid less than $18.....the special committee is in a rough spot between rock and hard place.....they know the result from TD analysis will be obviously much higher than $9.45 but will have to factor in a discount to the $18 because Baker group will now get all the bad with the good....all the risk is theirs....I still think Baker comes back with another improved bid and they just want to move on and take control....alot of bad things can happen if they wait too long....what if real estate tanks?............I think $12.50 is on the way....good luck
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