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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

Post by forkliftguyon Nov 26, 2019 8:59am
106 Views
Post# 30392620

I don't think so !

I don't think so ! I own 1300 shares of HBC . I am prepared to watch it drop substantially before I accept 10 and change for my shares . I think 12 dollars is a reasonable number for all concerned . If it drops substantially , guess who the big loser is - Baker . He has tens of millions tied up in this company . Is he prepared to do that ? I would suggest that Baker gets together with the largest minority shareholders and work out a deal . Nobody likes to be stiffed .
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