Karen Schutte

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How Hudson’s Bay Co. Bought Saks for $2.9 Billion

Canadian Hudson’s Bay Company (Toronto: HBC) and Saks Incorporated (NYSE: SKS) have announced a merger agreement whereby HBC will acquire Saks for $16.00 (USD) per share in an all-cash transaction valued at approximately $2.9 billion (USD), including debt. The congeneric merger brings together three of the retail industry’s most iconic brands – Hudson’s Bay, Lord

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Terminix Inks Deal For 300-Person Western Call Center in Glendale

The Westgate Entertainment District in Glendale leased 32,800 sq. ft. to Terminix International Company for up to a 300-employee call center, located near Loop 101 and Glendale Avenue. This will be the company’s fifth call center in the United States and its first in the West for the Memphis-based pest-control company after considering locations in Denver and

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