Hudson’s Bay Completes Saks Acquistion
Hudson’s Bay Company announced the completion of its acquisition of Saks Inc. Hudson’s Bay Company acquired Saks Inc. at a value of $2.9 billion.
Hudson's Bay Company
Hudson’s Bay Acquires Saks
Hudson’s Bay Company announced on July 29 the acquisition of Saks, valued at $2.9 billion or $16 a share, according to a press release from Sak’s Fifth Avenue. Hudson’s Bay Company also owns Lord & Taylor and Home Outfitters.