![Saks Fifth Avenue New York holiday 2019 light show rendering. Image courtesy of Saks Fifth Avenue](https://cache.luxurydaily.com/wp-content/uploads/2019/12/Saks-windows.jpeg)
Saks Fifth Avenue owner Hudson’s Bay Company confirmed it has received an unsolicited offer from one of its largest shareholders to acquire the holding company for $11 (Canadian) a share.
Saks Fifth Avenue owner Hudson’s Bay Company confirmed it has received an unsolicited offer from one of its largest shareholders to acquire the holding company for $11 (Canadian) a share.