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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

Comment by Bookendson Dec 14, 2019 9:26pm
130 Views
Post# 30456121

RE:RE:RE:RE:RE:Vote Postponed

RE:RE:RE:RE:RE:Vote PostponedI guess Catalyst was only requesting that the OSC delay or block the plan or arrangement.

Of course, there is no way that the OSC would try to break a transaction themselves and so to have it delayed was the easy decision to please everyone.

I'm wondering why Catalyst didn't ask to have Baker and Leith withdraw from their functions on the board of directors due to a lack of fiduciary duty? This is what the OSC needs to start doing... Crack down on these obvious cases where people that should be looking for all stakeholder's interest choose to prioritize exclusively their own interest.
 

bmeister2 wrote: Typical osc bullsheit as usual trying to please everyone and doing nothing in the end. Solution is for Baker and his crowd to ante up to Catalyst offer or take his toys and go home. Not impressed with his antics.


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