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Is Struggling Hudson’s Bay Co. Worth More Than $1.31 Billion?

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U.S. hedge fund Land & Buildings is pushing Richard Baker to up his offer to take Hudson’s Bay Co. private. Baker, executive chairman of the Canadian department store company, on June 10 submitted a $1.31 billion all-cash, go-private deal. He was joined by other shareholders that include Rhône Capital LLC, WeWork Property Advisors, Hanover Investments…

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