HBC posts lower results on eve of OSC showdown

Hudson’s Bay Co. posted a $226 million net loss for its fiscal third quarter on Tuesday as a bruising battle for control of the ailing department store chain appeared to be approaching a climax.Shareholders are scheduled to vote next week on a privatization offer from a group led by chairman Richard Baker, which has offered $10.30 per share. In the past week or so, Catalyst Capital Group Inc.,...