Hudson’s Bay investor says will vote against take-private deal

FILE PHOTO: A man exits a Hudson's Bay department store in Toronto, Ontario, Canada June 6, 2016. REUTERS/Chris Helgren

NEW YORK (Reuters) – Hudson’s Bay Co (HBC.TO) investor Ortelius Advisors LP said it will vote against the Saks Fifth Avenue owner’s C$1.9 billion ($1.4 billion) take-private deal because of what the hedge fund views as lapses in the sales process. Ortelius joins a number of investors who say the sale of the company to […]

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