Hudson's Bay to Acquire Saks for $2.9 Billion Including Debt : News Photo

Hudson's Bay to Acquire Saks for $2.9 Billion Including Debt

Credit: Bloomberg / Contributor
Pedestrians pass in front of Saks Fifth Avenue in New York, U.S., on Monday, July 29, 2013. Hudson's Bay Co. agreed to buy Saks Inc. for $2.4 billion, combining Canada's largest-department store chain with one of the most prestigious U.S. luxury retailers in a deal that may spur the creation of a real estate investment trust. Photographer: Scott Eells/Bloomberg via Getty Images
Caption:
Pedestrians pass in front of Saks Fifth Avenue in New York, U.S., on Monday, July 29, 2013. Hudson's Bay Co. agreed to buy Saks Inc. for $2.4 billion, combining Canada's largest-department store chain with one of the most prestigious U.S. luxury retailers in a deal that may spur the creation of a real estate investment trust. Photographer: Scott Eells/Bloomberg via Getty Images
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Date created:
July 29, 2013
Editorial #:
175001700
Release info:
Not released.More information
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Contact your local office for all commercial or promotional uses.For editorial use only. Additional clearance required for commercial or promotional use, contact your local office for assistance. Any commercial or promotional use of Bloomberg content requires Bloomberg's prior written consent.
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Rights-managedRights-managed products are licensed with restrictions on usage, such as limitations on size, placement, duration of use and geographic distribution. You will be asked to submit information concerning your intended use of the product, which will determine the scope of usage rights granted.
Collection:
Bloomberg
Credit:
Bloomberg via Getty Images
Max file size:
4,000 x 2,720 px (55.56 x 37.78 in) - 72 dpi - 1.55 MB
Source:
Bloomberg
Object name:
HUDSON'S BAY SAKS

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Pedestrians pass in front of Saks Fifth Avenue in New York US on... News Photo 175001700Commercial Activity,Consumerism,Customer,Finance,Horizontal,Luxury,Merchandise,Merger,NY,North,North America,Passing,Pedestrian,Retail,Saks Fifth Avenue,Shopping,Store,The Americas,USA,WealthPhotographer Collection: Bloomberg 2013 BloombergPedestrians pass in front of Saks Fifth Avenue in New York, U.S., on Monday, July 29, 2013. Hudson's Bay Co. agreed to buy Saks Inc. for $2.4 billion, combining Canada's largest-department store chain with one of the most prestigious U.S. luxury retailers in a deal that may spur the creation of a real estate investment trust. Photographer: Scott Eells/Bloomberg via Getty Images