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Hudson Bay Eyes Potential Acquisition Of Dillard's
Tuesday, December 23, 2014 - 9:20am | 128According to The Deal, Dillard's, Inc. (NYSE: DDS) is being eyed by Hudson's Bay Chief Executive Officer Richard Baker as a potential acquisition target. According to The Deal's sources, Baker is interested in acquiring Dillard's because of its valuable real estate holdings and it is one of the “...
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Saks Gains Buying Power Via Sale To Hudson's Bay (SKS)
Tuesday, July 30, 2013 - 9:39am | 589Long time luxury retailer, Saks (NYSE: SKS) is being sold to Toronto-based Hudson’s Bay, parent company of Lord & Taylor, for $2.4 billion, according to Forbes. The fact that Saks was for sale was no surprise. Saks hired Goldman Sachs (NYSE: GS) back in May to help it seek out sales or...
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Merger Monday Strikes Again (OMC, SKS, PRGO, ELN)
Monday, July 29, 2013 - 9:28am | 1214Merger Monday struck this morning as several high profile deals were announced heading into this week's trading. Notable deals included the merger of Omnicom (NYSE: OMC) and Publicis (OTC: PUBGY), Saks (NYSE: SKS) being bought by Canada's Hudson's Bay, and Perrigo (NYSE: PRGO) buying Elan (NYSE:...