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Bullboard - Stock Discussion Forum RONA inc. Cumulative Floating Rate Series 7 Class T.RON.PR.B

Consumer Cyclical Home Improvement Stores

TSX:RON.PR.B - Post Discussion

RONA inc. Cumulative Floating Rate Series 7 Class > Rona in play $14.50 offer by lowes
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Post by Ciao on Jul 31, 2012 7:23am

Rona in play $14.50 offer by lowes

offer received on July 8 and rejected last week.  Board wants to keep their jobs and lowes is still very interested. This can lead to a hostile bid.  Management got away without disclosure earlier in the month.  Feel sorry for shareholders who sold in last few weeks.
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