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Business & Economics

Hudson's Bay has received 'several' bids, but none from insiders, court documents show

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Summary
Nutrition label

64% Informative

Canada ’s oldest department store has been looking to raise money by monetizing its leases and selling its intellectual property ( IP ) The deadline to bid for the company and its IP ended April 30 , and bids for leases had to be made by May 01 .

Urbana Corp. , a Toronto -based investment firm with about $500-million worth of assets, in April said it had placed a bid to purchase HBC 's brand name and the Royal Charter .

VR Score

72

Informative language

73

Neutral language

88

Article tone

formal

Language

English

Language complexity

54

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources