RONA inc. Cumulative Floating Rate Series 7 Class T.RON.PR.B

RE: Niblock's morning statement

[Ciao]

On Webcast early statement is that they are looking at all avenues wrt entering Canadian market, Rona, opening more stores, other potential acquisitions.  But to make a quick move they would need to make a buyout.  Not sure who the choices would be but obviously RONA was their first choice.  With the stock down at $10 they will look like a genuis with a lower offer.