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Business |UPDATE

Hudson's Bay fumbles takeover deal for Macy's

London - Canadian department store group Hudson's Bay Co., parent company of Lord & Taylor and Saks Fifth Avenue, is said to have fumbled its bid to take over struggling US retailer Macy's. The company has yet to come to an agreement with Macy's and discussion between the parties are said to have come to halt, just one month after HBC approached...

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