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Hudson's Bay's Chairman's Buyout Bid Pits Retail Versus Real Estate

Much of the retailer's value is locked up in its real estate. Were it to sell off some of its properties to raise cash, it could fetch more than what Executive Chairman Richard Baker offered, but would then be forced to pay rent to run some of its stores.
Hudson's Bay | Source: Flickr
By
  • Reuters

NEW YORK, United States —

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