Thursday, February 27, 2020
3:07 PM EST – Hudson’s Bay Company : Said its shareholders voted overwhelmingly in favor of a plan to become a private company at a special meeting of shareholders held earlier today. Shareholders approved the resolution with 98.28% of the votes cast at the meeting being voted in favor of the plan, surpassing the required favorable vote of at least 75%. The special resolution also required approval by a “majority of the minority” shareholders and 94.46% of the votes cast by minority shareholders were voted in favor of the resolution. Hudson’s Bay Company (T.HBC) shares were down $0.02 at 10.94.
Stocks in Play: Hudson’s Bay Company , Thu, 27 Feb 2020 03:12:58 EST