RE:Market ChatterI think this both complicates and simplifies the couche tard proposal. Simplifies, because if they manage to sell non-core assets, it focuses the offer more on the value of the core assets. But it complicates it in that the original offer by couche tard included these assets, which they would plan to dispose of over time. So how do you increase an offer for less assets that would be at all meaningful. Investors should however remember one thing: these 7-!! stores are only worth more when their potential is realized and couche tard can do that, whereas Seven & I have proven that they can't.
Will couche tard walk away for a while?
What a conundrum...
BBB