Exclusive: Lord & Taylor owner Hudson's Bay's bid for Macy's stumbles - sources@offshore stockbroker | Stockbroker | Scoop.it

"Canada's Hudson's Bay Co (HBC.TO), owner of the Lord & Taylor and Saks Fifth Avenue retail chains, has yet to line up equity financing for a bid for Macy's Inc (M.N), over a month after approaching its U.S. peer, people familiar with the matter said."