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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. > why would anyone sell
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Post by Ranger56on Aug 15, 2019 1:05pm
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Post# 30032546

why would anyone sell

why would anyone sellat todays price at $9.16, when they can tender with Catalyst by tomorrow at $10.11. Its possible I guess that its short sellers, expecting bad earnings on Sept/11 and betting  price decline despite the catalyst offer. 
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