Post by
88guy88 on Jun 21, 2019 2:13pm
No News??
I was sure that I heard Amanda Lang say that they sold their shares but no news....could have misundersood what she said......hmmm
Comment by
Thechaser on Jun 21, 2019 3:12pm
Here is the news: Teachers’ exits Hudson’s Bay as takeout tension escalates https://www.bnnbloomberg.ca/teachers-exits-hudson-s-bay-as-takeout-tension-escalates-1.1276886 Has
Comment by
nolipstick on Jun 21, 2019 3:24pm
Problem with the article...there were not 18 million shares traded. however sources say there was no single buyer and that multiple parties stepped up to buy the nearly 18 million shares Teachers’ owned.
Comment by
seatleslim on Jun 22, 2019 8:22am
Again, not a Canadian securities law expert, but Teachers owns over 5% of the shares and has their own nominee on the BOD. Hard to believe they could have made that sale - into the market, or privately -- amid all that is going on and not make some sort of filing.
Comment by
nolipstick on Jun 21, 2019 3:15pm
Some seller did yesterday 500,000 shs with 10 minutes left.... Unlikely that stop loss orders were picked apart apart by some buyer but anything is possible with the TSX....I'm sure Litt would have paid a higer price aa well