Target purchased the right to up to 220 Zellers leases for $1.825B Canadian

Hudson’s Bay Company Confirms Final List of 189 Zellers Locations to be Assumed by Target

By News on the Net —— Bio and Archives--September 23, 2011

Canadian News, Politics | Comments | Back To Full Article

TORONTO, Hudson's Bay Company today confirmed that Target Corporation has identified the final 84 locations where it will assume the Zellers leaseholds as part of an agreement announced in January 2011. Target's lease selection process is now complete with a total of 189 stores leases it will assume from Zellers. As part of the agreement with Zellers, Target purchased the right to up to 220 Zellers leases for $1.825B CDN.

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