(Reuters) - Saks shares closed at $21.17 a share on Monday, which would
make the stake worth about $243 million.
A report in the Financial Times on Tuesday said Baugur had
bought the shares for just under $22 each. It said the
investment was not believed to presage a full bid for Saks.
Read more at Reuters.com Mergers News
make the stake worth about $243 million.
A report in the Financial Times on Tuesday said Baugur had
bought the shares for just under $22 each. It said the
investment was not believed to presage a full bid for Saks.
Read more at Reuters.com Mergers News
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