Court Approves Sale of Hudson’s Bay Trademarks to Canadian Tire

Court Approves Sale of Hudson’s Bay Trademarks to Canadian Tire
This composite image shows signage of Canadian Tire, left, and the Bay. The Canadian Press/Sean Kilpatrick, Pawel Dwulit
The Canadian Press
Updated:
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Canadian Tire Corp. Ltd.’s historic purchase of Hudson’s Bay trademarks will go ahead after an Ontario judge granted permission for the deal.

Judge Peter Osborne says the $30-million deal was the best possible outcome given the circumstances facing the Bay.