Twittersphere reacts to Lowe's-RONA deal

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Twittersphere reacts to Lowe's-RONA deal

By HBSDealer Staff - 03/06/2018

Professional analysts and armchair analysts took to social media Wednesday morning to tweet about the $2.3 billion Lowe's-RONA deal.

Here is a roundup containing many of the themes expressed so far.

Lowe's buying Canadian home improvement rival Rona for $3.2B Eliminating competition by buying them is good strategy

— Peter G. Goral (@ArtsandClouds) February 3, 2016

“We won’t close stores/lay off staff” Sure, and if u buy that, I’ve a piece of land for u next to a landfill! #Rona

— John Marshall (@baldjam) February 3, 2016

Not a typo: Rona is up 99.58% on a friendly deal to be acquired by Lowe's for $24 a share, $3.2 billion, in cash.

— Richard Dettman (@rwdettman) February 3, 2016

.@DomAnglade on #Rona: "What really matters to us as a government is to make sure that employment, jobs are maintained in Quebec." #assnat

— Maya Johnson (@MJohnsonCTV) February 3, 2016

Expect to see more deals like Lowes/Rona if the loonie stays around 70.

— Mike Moffatt (@MikePMoffatt) February 3, 2016

Lowes buying Rona is just another reason to support your local Mom and Pop or Co-op building center. Really. Get the equity.

— Den Esau (@DinoRancho) February 3, 2016

With the purchase of Rona and the concerns of poor service with Lowes, just remember the great service at all @home_hardware stores! #HH

— MikeB (@MikeBenjamins) February 3, 2016

Lowes buys Rona as more $$$ leave Canada. However Rona needs a product and customer service shake up @mjbickerton

— William Höch ☕️ (@MacBerry) February 3, 2016

Damn. I just wish Canada would stay Canadian. #Rona #Lowes #Tims #Postmedia #Nexen #icewine #HudsonsBayCo #Inco #Alcan #Bunge #cdnpoli

— #CPC cn't hv my name (@CometsMum) February 3, 2016

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