Given a document, generate a short title of the document. The title should convey the main idea/event/topic about which the document is being written. Note that URLs in the text have been replaced with [Link].
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Question: (Reuters) - Saks Fifth Avenue owner Hudsonâs Bay Co (HBC.TO) said on Wednesday it had received a bid for its German department store chain Kaufhof from  Signa  Holding  the Austrian property and retail group that owns Karstadt  another German retail chain.
The announcement came after Reuters reported earlier on Wednesday  citing sources  that  Signa  had made a 3 billion euro ($3.5 billion) offer for Kaufhof. Hudsonâs Bay did not comment on the bidâs value  and  Signa  declined to comment.
 Signaâs offer  comes one week after Hudsonâs Bay agreed to sell its flagship Lord & Taylor building in New York for $850 million to WeWork Cos.
The Reuters sources said that  Signa  expects Toronto-based Hudsonâs Bay  which has been reluctant so far to engage in negotiations to sell Kaufhof  to respond to  the offer  by the middle of November.
Hudsonâs Bay called  the offer  incomplete  non-binding and unsolicited  with no evidence of financing.
The sources said that in its offer letter to Hudsonâs Bay   Signa  stated  its  bid for Kaufhof would not be contingent on any third-party financing  since  it  already has 700 million euros in approved financing from European banks  and also has cash available from a 1 billion euro equity raise last month.
 Signa  has also offered to assume all of Kaufhofâs liabilities  including a 1.34 billion euro real estate loan by German bank LBBW  the sources added.
Hudsonâs Bay said it plans to review  the offer  in due course. It added that its European business is an important element of the companyâs strategy  and that it remains focused on executing its strategy and plans for the upcoming holiday season.
At a valuation of 3 billion euros including debt  Signaâs bid values Kaufhofâs real estate at 2.63 billion euros  the sources said.
Signa tried to buy Kaufhof in 2015  but Hudsonâs Bay outbid it by paying 2.5 billion euros including debt for the German chain and its Belgian subsidiary. Since then  Kaufhofâs finances have deteriorated  to the point where vendors are finding it more difficult to find trade credit insurance to make shipments.
âHudsonâs Bay board of directors should  consistent with its fiduciary duties  seriously consider the reported  Signa  fully financed 3.0 billion euro offer for Hudsonâs Bay European business  which is above the Companyâs purchase price and stated net asset value â Lands and Buildings CEO Jonathan Litt said in a statement.
 Privately held Signa   founded 17 years ago by property developer Rene Benko  now runs more than 125 retail locations in Northern Europe  generating annual revenue of about 3.8 billion euros  according to  its  website.  It  owns a big real estate portfolio with a gross asset value of more than 10 billion euros.
 Signa  bought Karstadt from the brink of bankruptcy in 2014 for the nominal consideration of just one euro from  its  majority owner Nicolas Berggruen  son of an international art dealer.
 Signa  restored Karstadt to profitability: realigning  its  offerings closer to the tastes of German consumers  cutting costs and making operations more efficient. Karstadt and Kaufhof are now the two largest department store operators in Germany.
Last month   Signa  said  it  had completed an equity raise of 1 billion euros  giving  it  more firepower to pursue acquisitions.

Answer: Karstadt owner Signa makes offer for Hudson's Bay's Kaufhof


Question: Skip in Skip x Embed x Share CLOSE Hurricane Nate blasted onto the Gulf Coast and lashed much of the Southeast with heavy rains and winds Sunday. USA TODAY
A gazebo is blown over the Mississippi Gulf Coast welcome sign near the intersection of Hewes Avenue and U.S. 90 in Gulfport  Miss.  on Oct. 8  2017  after  Hurricane Nate  made landfall on the Gulf Coast. (Photo: Justin Sellers  The Clarion-Ledger  via USA TODAY NETWORK)
 The remnants of Hurricane Nate  are delivering heavy but much-needed rain to portions of the Mid-Atlantic and Northeast on Monday.
"For some areas   Nate  will bring the biggest rainfall in six to eight weeks or longer â AccuWeather meteorologist Alex Sosnowski said. Nearly half of the northeastern U.S. was described as "abnormally dry" in the most recent U.S. Drought Monitor  so the rain will help ease the near-drought conditions.
 Nate  was downgraded from a hurricane to a tropical storm and finally a tropical depression on Sunday as it raced north after making landfall along the Gulf Coast.
 Nate  crashed into the Gulf Coast as a Category 1 hurricane Saturday near the mouth of the Mississippi River before making landfall again early Sunday near Biloxi  Miss. The hurricane was the first to make landfall in the state since Katrina devastated much of the Gulf Coast in 2005.
Overall   Nate  spared the region the kind of catastrophic damage left by a series of hurricanes that hit the southern U.S. and Caribbean in recent weeks. No storm-related deaths or injuries were immediately reported.
 Nate  was the fourth hurricane to hit the U.S. and its territories in 2017  following Harvey  Irma and Maria. That's most U.S. hurricane strikes since 2005  when five hurricanes hit land.
Although  Nate  knocked out power to more than 100 000 residents in Mississippi  Alabama  Louisiana and Florida  crews restored much of the power grid within 24 hours.
The Mississippi coast "took a hard hit from  Nate  " the Mississippi Emergency Management Agency tweeted on Sunday. "The lack of major damage is a testament to the strong and smart rebuilding since Katrina."

Answer: Hurricane Nate remnants bring heavy rain possible floods to Northeast


Question: Paris (AFP)  â Liberiaâs new President George Weah  on Tuesday pledged to fight endemic corruption as  he  spoke about conditions in  his  âbroke countryâ on the first day of an official visit to Paris.
âI inherited a country that is very broke  depleted by political malfeasance. We have to make sure that the things that happened will not happen again â  Weah  said.
 Weah  also spoke at a conference about another top priority  education for young people who represent 60 percent of 4.7 million Liberians.
Founded 170 years ago by freed slaves  Liberia is âthe oldest African country but we donât have an engineering school. We donât even have a diagnosis centre to tell if someone has Ebola â  Weah  said  vowing to do more to get children in school and âto leave the streetâ.
On  his  first foreign trip as president   Weah  on Wednesday will meet with French President Emmanuel Macron at the Elysee Palace  along with several sports figures  and vice president of the World Bank for Africa  Makhtar Diop.

Answer:
'I inherited a broke country' says new Liberian president