Twittersphere reacts to Lowe's-RONA deal
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 https://t.co/MwpYNqaqz4 Eliminating competition by buying them is good strategy
— Peter G. Goral (@ArtsandClouds) February 3, 2016
— 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. pic.twitter.com/vSCjvBadqy
— Richard Dettman (@rwdettman) February 3, 2016
— 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
— MikeB (@MikeBenjamins) February 3, 2016
— William Höch ☕️ (@MacBerry) February 3, 2016
— #CPC cn't hv my name (@CometsMum) February 3, 2016
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