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. > Bid will be increased to 11.25...most likely

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Comment by Hakim505on Dec 23, 2019 11:49am

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Post# 30484027

RE:RE:RE:Bid will be increased to 11.25...most likely

Probably you are right about the "no bid part" however, he is exposed, he won't be the chairman for long. He is also losing more money than the shareholders. This should be an interesting complex situation for him and his crew: they want to steal this corp of the real estate (thus making money) or see the share price go higher (thus making money). They just want to keep the money for themselves. All those tactics are hurting them as well as the shareholders.

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