Hudson’s Bay plans ‘immediate’ liquidation of entire business - National | Globalnews.ca
globalnews.ca
In a late Friday announcement, Canada's oldest company said it couldn't secure the necessary financing to keep at least some of its empire alive.
  • Em Adespoton@lemmy.ca
    32·
    2 days ago

    Worth noting that the hedge fund is a property investment company, not a business investment company. They’re in it for the real estate and don’t care at all about the business.

    And since the HBC divided up BNA with Canada at confederation, they do still have a LOT of property.