Hudson's Bay to take over Macy's, will it truly happen?

Go_Win's picture
Rank: Senior Monkey | 74

As some of you guys probably saw the news this morning, Macy's received a takeover offer from Hudson's Bay, which already own Lord & Taylor and Saks Fifth Ave. Is Canadian ruling US retail industry? Do you think the deal will actually happen?

Link is here:
http://www.reuters.com/article/us-macy-s-m-a-hudso...