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Private Investor Increases Hudson’s Bay Stake as Retailer’s Fate Hangs in Balance

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Catalyst Capital Group, hoping to have a say in the future of Hudson’s Bay Co., will add an additional 10.1 percent stake in HBC to its holdings following a successful tender offer to the company’s minority shareholders. The Canadian financial investment firm received and accepted nearly 18.5 million shares tendered at a purchase price of…

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