HBC Board of Directors Receives Updated Valuation and Reaffirms Recommendation that Shareholders Vote FOR Privatization Transaction

TORONTO & NEW YORK --(BUSINESS WIRE)--Jan. 27, 2020-- Hudson’s Bay Company (TSX: HBC) (“HBC” or the “Company”) today announced that it has received the updated valuation it had requested from its independent valuator, TD Securities Inc. (“TD Securities”), as well as new fairness opinions provided