nightstreak
Active Member
No updates I've seen, other than RioCan bid to buy the other half of Oakville Place and Georgian Mall out of the Hudson's Bay co-ownership.
If there are any updates on Ruby, the media hasn't reported on it...
The process has been extended to the end of October. There's a chance she'll still get it but at this rate, the $50M she'd bring to creditors is being eaten up by the process.
My fantasy outcome would be for Canadian Tire to come in and bid on 10-15 of Ruby Liu's proposed stores for less than what she was going to pay but win over the approval of the Court Monitor by agreeing to re-open a few select Hudson's Bay Co. stores, even if it's for a fraction of what they would have had to pay initially and call it a win for all those involved.