Shareholders in HBC propose to take the company private

Shareholders in HBC propose to take the company private

A group that currently controls 57 per cent of the shares in Hudson’s Bay Company is proposing to buy up the rest of them and take the retailer private. The shareholder group is offering $ 9.45 per share in cash for the company. On Friday, the shares closed at $ 6.37, so the deal is a […]