7-eleven Rejects Buyout Offer

Started by TheFugitive, September 06, 2024, 10:42:12 AM

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TheFugitive

The parent company of the 7-eleven convenience store chain has rejected a $38.6 billion buyout offer from Canada's Couche-Tard calling it "severely undervalued".

https://www.msn.com/en-us/money/companies/7-eleven-s-parent-company-rejects-38-6-billion-takeover-bid-says-offer-grossly-undervalues-company/ar-AA1q5B3j?ocid=BingNewsSerp

Couche-Tard recently completed a deal to purchase the GetGo chain of convenience stores from Giant Eagle.