By some measures, we've matched or surpassed where HBC is today.
By some measures, we've matched or surpassed where HBC is today.
We are pleased to have reached this agreement with HBC today and to be associated with a company with such a long and proud history. As the company's largest shareholder for more than two years, we are aware of the tremendous opportunities available to HBC.
By including a retail real-estate developer in a partnership to make an offer for HBC, a financial player would avail himself of the expertise to examine every property and store lease and determine alternative strategies for each piece of real estate before making an offer.
This is an historic day for HBC. Heritage is pleased to be associated with a company with such a long and proud history.
Although we had hoped that we could pursue meaningful discussions that could lead to increased value for your shareholders, we have been left with no choice but to present our offer directly to HBC shareholders.
I am especially confident in Mike Rousseau and our selected team's ability to grow the business as we enter a new chapter in the history of HBC.
© 2020 Inspirational Stories
© 2020 Inspirational Stories