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Hudson’s Bay Hires Valuation Expert to Review Take-Private Offer

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The Hudson’s Bay Co.’s special committee has hired TD Securities Inc. for an independent valuation of the take-private proposal Richard Baker, the company’s executive chairman, submitted last month. The offer was submitted to the Canadian department store firm on June 10, and is valued as a $1.31 billion all-cash, go-private deal. Baker was joined by other…

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