Alimentation Couche-Tard Inc. says it is “disappointed” in a refusal of its takeover offer by the Japanese owner of 7-Eleven and remains focused on reaching a deal. In a news release Sunday, the Quebec-based convenience store operator argued its proposal offers clear strategic and financial benefits and it believes the two companies can reach a … Read more
Descrease article font size Increase article font size The Japanese owner of 7-Eleven has rejected a takeover offer from Quebec-based Alimentation Couche-Tard Inc. Seven & i Holdings Co. Ltd. said the proposal by the Canadian convenience store operator “grossly undervalues” the company. In a letter to Couche-Tard, Seven & i called its offer of US$14.86 … Read more
Photo: Andy Kalmowitz / Jalopnik 7-Eleven is the best convenience store there is. There’s something deeply comforting about walking into that fluorescent-lit, orange, green and red box and picking out some sort of soft drink with your buddies. It’s a very liminal space in a lot of ways. At night, it feels like another world … Read more
