Bullboard - Stock Discussion Forum 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... see more

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OTCPK:HBAYF - Post Discussion

Hudson's Bay Co. > Offer extended until today at 5pm

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Post by 99Reasons on Dec 02, 2019 10:12am

Offer extended until today at 5pm

Offer extended at the request if the Board

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Comment by Sikong on Dec 02, 2019 11:11am

Correction: Not the board, but the special committee. "At the Request of the Special Committee of HBC, Catalyst has Extended Deadline for Acceptance of its Offer Letter to 5pm (Eastern) December 2, 2019"

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Comment by 99Reasons on Dec 02, 2019 11:21am

Yes, thanks for that correction. Catalyst appears a little more positive in the feedback it received from the special committee.

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Comment by oceaneleven on Dec 02, 2019 4:43pm

20 minutes til extended deadline......next 24 hours going to be exciting...do we get the 11 per share or does Baker and friends come back with better offer......I am banking on Baker to cough up higer offer to shareholders....

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Comment by Sikong on Dec 02, 2019 10:02pm

How likely will it be a NR tomorrow morning, saying we need more time to evaluate the offer and pro and cons of the offer in order to give share holders the best possible value?

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