KM Financial Solutions | UPDATE 1-Hudson’s Bay special panel says Chairman Baker’s bid inadequate
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UPDATE 1-Hudson’s Bay special panel says Chairman Baker’s bid inadequate

UPDATE 1-Hudson’s Bay special panel says Chairman Baker’s bid inadequate

A special panel of Hudson’s Bay Co
reviewing a C$1.74 billion take-private bid, proposed
by Chairman Richard Baker and a group of shareholders, said the
offer was inadequate based on an initial analysis.

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