I think that a powerful lesson for Israel about the interest

I think that a powerful lesson for Israel about the interest

Date: 24 Nov, 2012  Keine Kommentare

The Canadian company isn’t alone in that, however. A report in the New York Post suggested HBC could face competition from several other unnamed buyers for Saks, including numerous private equity groups. HBC was the largest retail name to emerge, however, and that interest was confirmed by the release of the formal offer on Monday.’It’s great news for the competitive marketplace‘ Marketing professor Ceren KolsariciSaks has a 40 day window in which it is allowed to solicit other offers, but HBC declined to offer details of what the break fee might be if the deal falls apart.“While we serve different markets, we have a lot in common,“ HBC’s chief executive Richard Baker said on a conference call to discuss the deal.

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