hudson’s bay

Retail
Hudson’s Bay Ups Offer To Go Private

Hudson’s Bay Company has entered into an amended arrangement with a group of existing shareholders under which the HBC common shares held by the company’s other shareholders will be acquired by HBC for $11.00 in cash per share.

Retail
Hudson’s Bay Weighs Going Private Offer

A special committee of the board of directors of Hudson’s Bay Company has issued an update on its ongoing review of the June 10 proposal for the privatization of the company from a group of HBC shareholders, including HBC’s governor and executive chairman, at a price of $9.45 per share in cash.

Financials
Hudson’s Bay Struggles Through Q1 Despite Saks Gains

Although Hudson’s Bay has taken a number of significant steps to right its financial course, including winding down its Home Outfitters chain and selling its German operation, the company still posted a bigger first quarter adjusted net loss. The bigger loss came despite improvement at its Saks department store and off-price operations.

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