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Battle for Hudson’s Bay Isn't Over Yet

Catalyst Capital Offers $2 Billion for Canadian Retailer, Topping Management-Led Bid
Ownership of retailer Hudson's Bay Co. is still in play after Catalyst Capital Group made a $2 billion offer this week. (Wikimedia Commons)
Ownership of retailer Hudson's Bay Co. is still in play after Catalyst Capital Group made a $2 billion offer this week. (Wikimedia Commons)
By Jennifer Waters
CoStar News
November 27, 2019 | 9:00 P.M.

The battle to allow the management group of Hudson’s Bay Co. to take the retailer private apparently is not over after Catalyst Capital Group upped the ante with a more than $2 billion bid for the parent of its namesake and Saks Fifth Avenue stores.

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