Special Committee of the HBC Board of Directors Comments on ISS Report
ISS Analysis Fundamentally Flawed on Multiple Points Special Committee Recommends Shareholders Vote “FOR” the Arrangement Resolution Deadline to Vote by Proxy is Friday, December 13, 2019 TORONTO &...
View ArticleHudson’s Bay Company Mails Informational Brochure and Reminds Shareholders to...
Deadline to Vote by Proxy on Friday, December 13, 2019 TORONTO & NEW YORK --(BUSINESS WIRE)--Dec. 9, 2019-- Hudson’s Bay Company (TSX: HBC) (“HBC” or the “Company”) today mailed an informational...
View ArticleHBC Reports Third Quarter 2019 Financial Results
Revenues totaled $1.8 billion , with comparable sales down 1.7% including a 15% year-over-year increase in digital sales Gross profit margin was 38.3%, down 120 basis points year-over-year; Adjusted...
View ArticleLeading Proxy Advisory Firms Glass Lewis and Egan-Jones Recommend HBC...
HBC Recommends Shareholders Vote “FOR” the Transaction Agreement Shareholders are encouraged to vote before the proxy voting deadline of 10:00 am ET on December 13, 2019 TORONTO & NEW YORK...
View ArticleHudson’s Bay Company Announces Postponement of Special Meeting of Shareholders
Will Provide Shareholders with Amended Management Information Circular TORONTO & NEW YORK --(BUSINESS WIRE)--Dec. 16, 2019-- Hudson’s Bay Company (TSX: HBC) (“HBC” or the “Company”) today announced...
View ArticleHBC Announces Return of Chief Financial Officer
TORONTO --(BUSINESS WIRE)--Dec. 19, 2019-- Hudson's Bay Company’s (TSX:HBC) Chief Financial Officer, Ed Record , will return from medical leave and resume his duties, effective December 20, 2019 . With...
View ArticleHudson’s Bay Company Enters into Amended Agreement to Be Taken Private at...
The Catalyst Capital Group Inc. Agrees to Vote in Favour of the Transaction Special Meeting of Shareholders to Approve Privatization Transaction to be Held in February 2020 TORONTO & NEW YORK...
View ArticleIain Nairn Named President of Hudson’s Bay
Veteran Retailer Tapped to Drive Transformation and Growth for Canada’s Iconic Retailer TORONTO --(BUSINESS WIRE)--Jan. 13, 2020-- Hudson’s Bay Company (TSX: HBC) today announced that Iain Nairn has...
View ArticleHBC Board of Directors Receives Updated Valuation and Reaffirms...
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...
View ArticleHudson’s Bay Company Announces Filing of Amended and Restated Management...
Board Unanimously Recommends Shareholders Vote FOR the Privatization Transaction Shareholders Must Recast their Votes to Be Counted TORONTO & NEW YORK --(BUSINESS WIRE)--Jan. 31, 2020-- Hudson’s...
View ArticlePaige Thomas Appointed President of Saks OFF 5TH
Dedicated Leader to Continue to Propel Off-Price Business NEW YORK --(BUSINESS WIRE)--Feb. 10, 2020-- HBC (TSX: HBC) appointed Paige Thomas as President of Saks OFF 5TH, effective immediately. Ms....
View ArticleLeading Proxy Advisory Firms ISS, Glass Lewis and Egan-Jones All Recommend...
Shareholders are Encouraged to Vote FOR the Transaction Before the Proxy Voting Deadline of 10:00 am ET on February 25, 2020 TORONTO & NEW YORK --(BUSINESS WIRE)--Feb. 18, 2020-- Hudson's Bay...
View ArticleHudson’s Bay Company Shareholders Approve Privatization Transaction
98 percent of shares voted at the meeting voted in favor of arrangement TORONTO & NEW YORK --(BUSINESS WIRE)--Feb. 27, 2020-- Hudson’s Bay Company’s (TSX: HBC) shareholders voted overwhelmingly in...
View ArticleHudson’s Bay Company Announces Court Approval of Privatization Transaction
TORONTO & NEW YORK --(BUSINESS WIRE)-- Hudson’s Bay Company (TSX: HBC) has received approval from the Ontario Superior Court of Justice (Commercial List) of the statutory plan of arrangement under...
View ArticleHBC Completes Privatization Transaction
Helena Foulkes steps down as CEO and Richard Baker assumes the role TORONTO & NEW YORK --(BUSINESS WIRE)-- HBC (TSX: HBC) has successfully completed its plan of arrangement resulting in HBC...
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