Monday, November 24, 2014

A Deal Mortgaging the Store Values Saks at $3.7 Billion by MICHAEL J. DE LA MERCED and CHARLES V. BAGLI



By MICHAEL J. DE LA MERCED and CHARLES V. BAGLI


Hudson’s Bay takes out a loan against the Saks Fifth Avenue flagship that values the department store at nearly $4 billion, making it one of the most valuable retail properties in the country.


Published: November 24, 2014 at 12:00AM


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