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Fight for HBC Close to a Conclusion—Here’s What’s Next

COVID-19 recovery is on the horizon but the pandemic's impact on sustainability, retail, product development and consumer buying patterns means the denim industry must evolve. Join Rivet on April 20th at 11 am ET for the COVID, One Year Later roundtable.

Hudson’s Bay Co.’s minority shareholders pushed back to get themselves a better deal—and won. The newly amended agreement for the group led by HBC chairman Richard Baker to take the retailing company private offers 11.00 Canadian dollars ($8.48) per share, up from the original June offer of 9.45 Canadian dollars ($7.12). The change gives the minority shareholders…

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