Catalyst Capital Amends Offer to Purchase Common Shares of Hudson's Bay Company
Aug 06, 2019 - News Bites Canadian Markets
Mergers and Acquisitions
CANADIAN DAILY STOCK REPORT
Corporate Wire Date: 05 August 2019 20:15 EDT
ORIGINAL ANNOUNCEMENT [Text]
Canada NewsWire
TORONTO, Aug. 5, 2019
- Increases number of shares to be acquired to a maximum of 19,782,393 shares, reflecting $200 million total value
- Catalyst Offer provides HBC shareholders who choose to participate with an alternative, which offers a significant premium and immediate liquidity, to the Baker Group proposal announced on June 10, 2019
- Baker Group's creation of a control block through a binding lock-up agreement (with a six-month tail) has direct impact on Special Committee's ability to achieve fair value for minority sharehold...
Sign up today to gain access to 5 free articles a month from over 200 top subscription outlets.
Are you ready to take your business development to the next level with RelSci Professional?
Nurture your network with daily alerts that notify you when your relationships make news
Map your relationships to any target or prospect to identify a warm introduction
Access unlimited deep dossiers on over 8 million decision makers
Best of all, you can try out all these powerful business development tools absolutely free for 30 days!
Check out News Home to stay on top of the people and organizations you care most about.
