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Hudson's Bay to sell Lord & Taylor for $100 million to Le Tote
https://www.cnbc.com/2019/08/28/hudsons-bay-to-sell-lord-taylor-for-100-million-to-le-tote.html
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Tagged with:
mergers and acquisitions
breaking news business
walmart inc
gap inc
apparel retail
urban outfitters inc
Hudson's Bay will be paid $99.5 million Canadian dollars ($75 million) in cash after the deal closes and a secured promissory note of CA$33.2 million ($25 million) payable in cash after two years to sell Lord & Taylor to Le Tote.
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