Hudson's Bay Co. HBAYF

When Baker walks away..the price will go DOWN

[XXX28XXX]

a lot......will that be a Christmas gift or a lump of coal?

[Maxmoe]

He want walk away, he will be perp walked out by the scruff of the neck. There is still an $11 bid on the table . it doesn't need bakers shares to succeed once the standstill lockup expires next month. 

[bmeister2]

We don't want to slap the hand that feeds us. Hopefully Catalyst would re-iterate their bid so as to put Baker in a box as to walk or talk ! The very fact Baker and associates wanted to go private with their bid gives intrinsic value to the fact HBC is easily worth 11 bucks,especially with the European sale price making up largest part of offer.

[Bookends]

Not sure why Catalyst is saying they are prepared to pursue additional steps if the special commitee does not engage with them... Why haven't they pursued these steps already? In my view, the OSC should have already looked into these things on Friday.  Anyways, I think it's hard to imagine that Baker would walk away at this point... Of course, they will dangle that posibility untill

[bmeister2]

Bookends,good post. Your last sentence tells it all.

[RusticHit]

I will go down to 7 bucks not more than that  as he could came up with 10 bucks offer again ,,,,,catalyst offer is  Just Bluff i think so thats why price not holding up today