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Land and Buildings warns of proxy fight with Hudson's Bay
2017年9月6日 / 晚上7点33分 / 2 个月前

Land and Buildings warns of proxy fight with Hudson's Bay

Sept 6 (Reuters) - Activist investor Land and Buildings Investment Management threatened a proxy fight with Hudson’s Bay Co on Wednesday, after the Canadian department store chain reported lackluster second quarter results.

The investor said if the company failed to address its underperformance, then it could call a special meeting to remove directors.

HBC’s shares reversed course to trade up 3.02 percent on Wednesday, after falling as much as 6.4 percent, a day after posting a steeper-than-expected loss in the second quarter. (Reporting by Yashaswini Swamynathan in Bengaluru; Editing by Arun Koyyur)

我们的标准:汤森路透“信任原则”
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