UPDATE 2-Investor Litt says Hudson's Bay worth double chairman's C$1.74 bln bid
June 18, 2019 at 09:38 AM EDT
Activist shareholder Jonathan Litt lambasted a C$1.74 billion bid to take Canadian retailer Hudson's Bay Co private as "woefully inadequate" on Tuesday, saying the chairman-led shareholder group looking to push through a deal could double the offer.