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Posted on: June 22, 2018, 3:51 p.m.
It’s been almost a year since Jonathan Litt, founder of hedge fund Land & Buildings, pleaded for retail giant Hudson’s Bay Company to change its ways. The activist investor is at it again, asking the owner of Saks Fifth Avenue to look into new ways to improve shareholder value. Specifically, he wants it to sell off some of its real estate, Bloomberg reported. In a letter to shareholders, Litt said Hudson’s Bay could learn from ... [more] Full investment news article