Exclusive: Hudson’s Bay Co’s take-private deal falls short in shareholder vote – sources
(Reuters) – Saks Fifth Avenue owner Hudson’s Bay Co has fallen short of securing enough shareholder support for a C$1.9 billion($1.4 billion) deal to take the department store operator private, people familiar with the matter said on Friday. A buyout consortium of Hudson’s Bay investors led by its Executive Chairman Richard Baker did …
News story posted on 2019-12-14T00:01:00.0000000Z
