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Hudson's Bay Co. T.HBC


Primary Symbol: 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. > CATALYST supports new $11 offer from Baker
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Comment by Bookendson Jan 04, 2020 12:04am
267 Views
Post# 30517592

RE:CATALYST supports new $11 offer from Baker

RE:CATALYST supports new $11 offer from Baker

Pfffff, that has to be the hardest earned 6.8% in the history of activism investing. 
I'm surprised they wouldn't force Baker to cough an extra 30c-50c or so. I guess Catalyst really didn't want to be a buyer itself at 11$ and is just happy not losing face.

Not really pleased with this outcome... But hey, a gain is a gain. 
 

Same outcome could probably have been reached by year end if Baker wasn't such a rtard...

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