11:54 AM EST - RONA Inc. : confirms that its Board of Directors has unanimously determined that an unsolicited, non-binding acquisition proposal recently received from U.S.-based Lowe's Companies, Inc. is not in the best interests of RONA and its stakeholders. The Board believes that in the best interests of RONA and its stakeholders, the Corporation should remain focused on executing its business plan with a view to capturing significant opportunities that it sees for its business. RONA Inc.
shares T.RON are trading up $2.26 at $14.13.
