June 19, 2017 / 3:48 PM / in 6 months

BUZZ-Hudson's Bay Co: Activist investor urges sale

** Shares of Hudson’s Bay Co jump as much as 17.7 pct to C$10.45 after activist investor asks Saks Fifth Avenue owner to explore options including going private

** HBC set for biggest one-day pct gain since Aug 2015

** U.S.-based Land & Buildings, which owns a 4.3 percent stake in HBC, also urges HBC to consider sale of its vast real estate holdings

** Over 1.1 mln shares changed hands, 2.3x their 30-day moving avg

** Up to Friday’s close, HBC had lost nearly a third of its value this year

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