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0 0 0.00116510177506693 -0.00291275443766694 -0.00400932081420039 0.000685353985333386 0.00438626550613402 0.00609965046946758
Stock impact report

$18-million sale of HBC charter to Thomsons, Westons approved by court [BNN Bloomberg (Canada)]

Colliers International Group Inc. - Subordinate Voting Shares (CIGI) 
Last colliers international group inc. - subordinate voting shares earnings: 4/28 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: corporate.colliers.com
Company Research Source: BNN Bloomberg
Ontario Superior Court Judge Peter Osborne gave the shuttered retailer permission Thursday to sell the 355-year-old document to holding companies belonging to the Thomson and Weston families for $18 million. The families plan to donate the charter immediately and permanently to the Archives of Manitoba, the Manitoba Museum, the Canadian Museum of History in Gatineau, Que., and the Royal Ontario Museum. Each of the organizations has already agreed to accept the charter, which was issued by King Charles II on May 2, 1670 and allowed for the creation of HBC, which was then a fur-trading business. The five-page vellum document was pivotal for the country because it granted HBC control over one-third of modern Canada during its colonization, centuries before Confederation. It was put up for auction because Hudson's Bay filed for creditor protection in March and has since closed all of its stores; the defunct company has been selling off its trove of 4,400 pieces of art and artifac Show less Read more
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