…And Rona has declined the offer. I’m very surprised that they turned this hefty offer down. While Rona’s revenues have been down over the past year, they are one of the few Canadian chains left that hasn’t been taken over buy the USA. On the other side, I do really like Lowes and go there more often then Rona.
Do you think this was a good move by Rona to decline. Or do you think their just waiting to see if Lowes will bring more money to the table?
Click here for the full article on Msn.ca.