Saks Fifth Avenue has moved into its new home at Hudson’s Bay Co.
Hudson’s Bay said its deal to buy Saks Inc. for $3 billion, which includes debt and expenses, closed today. Saks stockholders get $16 for each of their shares, and Hudson’s Bay’s chief executive officer Richard Baker gets a third, and more upscale, chain for his retail business, which already included Hudson’s Bay and Lord & Taylor.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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