Twitter

Link your Twitter Account to Market Wire News


When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.


Be alerted of any news about your stocks and see what other stocks are trending.



home / news releases / HBAYF - Hudson's Bay: Baker Group's C$11.00 Bid Appears Reasonable


HBAYF - Hudson's Bay: Baker Group's C$11.00 Bid Appears Reasonable

The latest offer to take Hudson's Bay (HBAYF) private by the investor group led by Richard Baker appears to be a fair one. I had noted before that I thought the last bid at C$10.30 (US$7.92 at current exchange rates) per share undervalued the company and real estate by a bit.

The offer was raised to C$11.00 (US$8.46) per share, which brings it in line with Catalyst Capital Group's bid and at least appears to be close to the fair value of the company and real estate.

Catalyst has signaled its approval for

Read more ...

Stock Information

Company Name: Hudson's Bay Co.
Stock Symbol: HBAYF
Market: OTC
Website: www3.hbc.com

Menu

HBAYF HBAYF Quote HBAYF Short HBAYF News HBAYF Articles HBAYF Message Board
Get HBAYF Alerts

News, Short Squeeze, Breakout and More Instantly...