The fate of Saks Fifth Avenue hangs in the balance as shareholders fight an offer to take the parent company private using money from its own coffers to fund the buyout
Hudson’s Bay Co. said during an Ontario Securities Commission hearing Friday that it would delay a Dec.
17 shareholder vote on the transaction after the regulator said it would require the company to publish more details about the board’s approval of the deal. Shareholders have been given a minimum of two weeks to review the changes, effectively delaying...
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