Bullboard - Stock Discussion Forum Hudson's Bay Co. HBAYF

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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... see more

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Hudson's Bay Co. > HBC announces merger of European assets.

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Post by talladega10 on Sep 11, 2018 9:36am

HBC announces merger of European assets.

With no significant stock price movement I don't think investors really care about this merger announcement. https://web.tmxmoney.com/article.php?newsid=8124163455560087&qm_symbol=HBC

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Comment by bluejay100 on Sep 11, 2018 9:42am

I guess we shouldn't be surprised as the rumours, which got more and more plausible, didn't significantly shift the stock price. However, it is a damning indictment of management. I suspect that many investors see this transaction as not much more than financial engineering, and doesn't deliver much in the way of cold, hard cash (less than I was expecting actually). At ...more

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Comment by talladega10 on Sep 11, 2018 10:49am

I'm with you Bluejay and I also would like togat the hell out of this stock sooner rather than later since I get the feeling the longer I hold on the more of a screwing we will get from HBC management.

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