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>> LORD & TAYLOR Latest News

FEB 25, 2015 - Business Insider

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HBC to form real estate joint ventures in U.S., Canada

TORONTO (Reuters) - Canadian retailer Hudson's Bay said on Wednesday it had agreed to form two real estate joint ventures that would bring in about C$1.1 billion in cash, reducing its debt, and paving the way for an initial public offering or alternate transaction.The company announced separate joint ventures with two real estate investment trusts, or REITs, U.S.-based Simon Property ...

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