CP NewsAlert: Hudson's Bay to seek court permission to auction off charter, docs say

News Room
By News Room 2 Min Read

TORONTO – New court documents say Hudson’s Bay will seek permission to auction off its charter after more parties signalled interest in buying and then donating the 1670 document.

Over the summer, the company announced it planned to sell the artifact to the Weston family, who offered $12.5 million for the charter and planned to donate it to the Canadian Museum of History rather than its original plan of holding an auction. 

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