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Hot Issue: Department Stores

7/10/08
Lord & Taylor Parent May Bid for Hudson's Bay

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NRDC Equity Partners, which owns Lord & Taylor and Fortunoff's, may be getting ready to make a bid for Canada's Hudson's Bay Co. (HBC). The currently circulating rumors are not new with NRDC having said to be interested in acquiring HBC in full since the former owner, Jerry Zucker, died in April. Do you think NRDC is in the business with Lord & Taylor, Fortunoff and whatever comes next for the long haul?

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