November 27, 2024 11:49 pm
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7-Eleven says no deal afoot with Circle K

By Business Journals

An unsolicited offer from the owner of Circle K to buy the owner of 7-Eleven stores has been rejected by 7-Eleven’s Japanese owner, but some observers think that might be the last word between the convenience store rivals.

Seven & i Holdings Co. Lt. said in a letter released Sept. 6 its board decided that accepting the $38.5 billion unsolicited offer from Canada-based Alimentation Couche-Tard was “not in the best interests” of “shareholders and other stakeholders.”

Read the full subscription story from the Phoenix Business Journal.

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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.