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.

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Hudson's Bay Co. > Resolution?

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Comment by Bookendson Nov 11, 2019 10:44pm

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RE:RE:RE:Resolution?

I don't think they will drag it out until the vote... But they'll bluff about it for a while and have everyone scared about the posibility of the vote actually happening, being rejected, and the SP falling back to 7-8$.

I think they will process to send out proxies and, eventually, before the deal, they will announce that the condition have changed with the support from Catalyst and L&B.

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