This is a Ontario news story, published by financialpost, that relates primarily to Hudson's Bay Co. ULC news.
For more Ontario news, you can click here:
more Ontario newsFor more consumer & retail news, you can click here:
more consumer & retail newsFor more news from financialpost, you can click here:
more news from financialpostOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like consumer & retail news, you might also like this article about
HBC brand. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest HBC news, Bay Company news, consumer & retail news, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
great Canadian retailerfinancialpost
•Business
Business & Economics
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
Neutral language
34
Article tone
semi-formal
Language
English
Language complexity
53
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