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Analysts mixed on Hudson's Bay's bid for Saks
2013-07-30 18:56:00| Daily apparel & textile news and comment - from just-style.com
Canadian department store retailer Hudson's Bay yesterday (29 July) submitted a bid for luxury US based retailer Saks after months of speculation. But analysts are taking a mixed view of the US$2.9bn deal, with one saying it "undervalues" the shares while another describing it as a "compelling" offer.
Hudson\'s Bay To Acquire Saks
2013-07-30 07:00:00| Happi Breaking News
Will shareholders agree to $2.9 billion deal?
Tags: bay
acquire
saks
hudsons
Telecoms lift TSX, HBC up 5.8%, buys U.S. retailer Saks for $2.9B
2013-07-30 05:13:33| Telecom - Topix.net
The Toronto stock market closed slightly higher Monday as telecom stocks recovered a chunk of recent losses, but the market still felt the weight of mining stocks ahead of a slate of earnings reports.
Tags: lift
buys
retailer
telecoms
Telecoms lift TSX, HBC up 5.8%, buys U.S. retailer Saks for $2.9B
2013-07-30 02:15:31| IT Services - Topix.net
The Toronto stock market closed slightly higher Monday as telecom stocks recovered a chunk of recent losses, but the market still felt the weight of mining stocks ahead of a slate of earnings reports.
Tags: lift
buys
retailer
telecoms
Hudson's Bay buying Saks for about $2.4 billion
2013-07-29 21:05:57| Apparel - Topix.net
This Aug. 15, 2011, file photo shows Saks & Company in New York. Hudson's Bay, the parent of Lord & Taylor, is purchasing Saks for approximately $2.4 billion.
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