Saturday, 22 June 2019

Hudson's Bay's chairman's buyout bid pits retail versus real estate

The success of Hudson's Bay Co Executive Chairman Richard Baker's $1.3 billion bid to take the department store operator private hinges on whether an independent valuator will view the company more as a retailer and less as a real estate owner, corporate governance experts and analysts said.


from Reuters: Business News https://reut.rs/2KyUQL0

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I own a Minneapolis bike shop that shut down for the strike. Closing was a big ask for a small business, but worth it to help my community.

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