Earlier this year, Canadian convenience store company Alimentation Couche-Tard put in a bid to acquire 7-Eleven. Then, management from inside 7-Eleven’s parent company, Seven & i, proposed a record-breaking buyout to counter. WSJ’s Jinjoo Lee on the drama around who will own the world’s largest convenience store chain.
Further Listening:
-The Fight Over U.S. Steel and the Community Caught in the Middle
-Why the FTC is Challenging a $25 Billion Supermarket Merger
Further Reading:
-The Fight for 7-Eleven Isn’t Just About Money
-Talk of a 7-Eleven Takeover Has Japan Worried About the Rice Balls
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