Canada’s Hudson’s Bay makes takeover approach for Macy’s: sources

Feb 3, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

(Reuters) – Hudson’s Bay Co has made a takeover approach for struggling retailer Macy’s Inc, people familiar with the matter said, trying to push further into the U.S. market where it already owns the Lord & Taylor and Saks Fifth Avenue chains.