HBC Sells Trademarks to Canadian Tire
This is a Ontario news story, published by financialpost, that relates primarily to Hudson's Bay Co. ULC news.
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•Business
Business & Economics
Canadian Tire buying Hudson's Bay stripes and brand name for $30M: 'Meant to stay Canadian'

57% Informative
Hudson's Bay Co. ULC has entered into an agreement to sell its intellectual property to Canadian Tire Corp. for about $30 million .
The deal, which was announced on Thursday evening , has to be approved by an Ontario court and is expected to be completed by summer .
The agreement is part of HBC ’s efforts to raise enough money to pay back its creditors.
VR Score
65
Informative language
68
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34
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semi-formal
Language
English
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53
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not offensive
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Attention-grabbing headline
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Time-value
short-lived
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