Hudson’s Bay Company to Acquire Saks Incorporated for US$16 per Share, Bringing Together Three Iconic Retail Brands
July 29 2013 - 6:00AM
Business Wire
Transaction to Create Premier North American
Fashion Retailer Serving Broad Consumer Spectrum across Luxury,
Mid-Tier and Outlet
Transaction Expected to Enhance Growth, Realize
Synergies and Position Company to Unlock Real Estate Value
Brings Saks to Canada to Capitalize on Demand
for Luxury
Saks (NYSE:SKS)
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