Why Hudson’s Bay Is Buying Saks Inc (SKS)

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Luckily, Saks investors have enjoyed 12-month gains of more than 50%, so it is hard to feel too poorly about the decision to sell. If the sale goes through, investors could look at the OTC listing for Hudson’s Bay and consider an investment, which would be in the operating retail businesses of both Lord & Taylor and Saks.

The article Why Hudson’s Bay Is Buying Saks originally appeared on Fool.com and is written by Michael Lewis.

Fool contributor Michael Lewis has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned.

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