Hudson's Bay, which owns Saks Fifth Avenue, is being taken private by a group of its shareholders. The shareholder group, which includes Hudson's Bay Executive Chairman Richard Baker, owns 57% of the Canadian company. Hudson's Bay has struggled to adapt to a dramatic shift to online shopping. The owner of Saks Fifth Avenue is being taken private by a group of its shareholders. Hudson's Bay said Monday that its common shares will be purchased for 10.
Hudson's Bay, which owns Saks Fifth Avenue, is being taken private by a group of its shareholders. The shareholder group, which includes Hudson's Bay Executive Chairman Richard Baker, owns 57% of the Canadian company. Hudson's Bay has struggled to adapt to a dramatic shift to online shopping. The owner of Saks Fifth Avenue is being taken private by a group of its shareholders. Hudson's Bay said Monday that its common shares will be purchased for 10.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
For Black Women, The Biggest Workplace Barrier Begins At Entry-LevelIn a report: 1 in 25 C-suite executives identify as a woman of color, proving that companies have a long way to go when it comes to supporting Black women.
Source: Women 2.0 - 🏆 149. / 63 Read more »
Opioid companies reach tentative settlement just before landmark trialJUST IN: Opioid companies reach tentative settlement hours before a landmark trial was set to begin in Ohio, according to lawyers representing the thousands of communities involved in the case. Hopefully loandepot will settle with the veterans who tried to get funding thru them, but had their credit ruined instead. chairmanhsieh teamloandepot inept ilend mortgages credit They should be paying all the families that had love ones die from opioid abuse. How fuckin creepy can they be knowing that their drugs were responsible for do many deaths and they still pocketed the money with blinking an eye. Karma will prevail. Rising CO2 levels benefit plants ... so drive often, and pollute.
Source: ABC - 🏆 471. / 51 Read more »
Bond Ratings Firms Go Easy on Some Heavily Indebted CompaniesAmid an epic corporate borrowing spree, ratings firms have given leeway to big borrowers such as Kraft Heinz and Campbell Soup, allowing their balance sheets to swell The whole system is a giant scam and it’s been your job to expose that instead you hid it and only exposed those you are paid too! Assumption college appears during the happy hour as well Cause it’s a rigged system
Source: WSJ - 🏆 98. / 63 Read more »