Hudson's Bay to Acquire Saks for $2.9 Billion Including Debt

Shoppers exit Saks Fifth Avenue in New York, U.S., on Monday, July 29, 2013. Hudson's Bay Co. agreed to buy Saks Inc. for $2.4 billion, combining Canada's largest-department store chain with one of the most prestigious U.S. luxury retailers in a deal that may spur the creation of a real estate investment trust. Photographer: Scott Eells/Bloomberg via Getty Images
Shoppers exit Saks Fifth Avenue in New York, U.S., on Monday, July 29, 2013. Hudson's Bay Co. agreed to buy Saks Inc. for $2.4 billion, combining Canada's largest-department store chain with one of the most prestigious U.S. luxury retailers in a deal that may spur the creation of a real estate investment trust. Photographer: Scott Eells/Bloomberg via Getty Images
Hudson's Bay to Acquire Saks for $2.9 Billion Including Debt
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Bloomberg / Contributor
Editorial #:
175001701
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Bloomberg
Date created:
29 July, 2013
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Bloomberg
Object name:
HUDSON'S BAY SAKS