-- Alimentation Couche-Tard Inc. could issue debt and tap its pension shareholders for funding in order to finance a proposed deal to buy out 7-Eleven owner Seven & i Holdings Co., people familiar with the Canadian retailer’s thinking said.With Housing Costs High, Democrats Hone YIMBY Message
Representatives for Couche-Tard didn’t immediately respond to emailed requests for comment. A representative for Seven & i referred to a prior statement, saying that no decisions have been made, and added that “a special committee of independent outside directors is currently reviewing the proposal.”
Seven & i appointed a special committee of independent outside directors to evaluate the proposal, the terms of which have not been made public. The company hasn’t given any indication of when or how it intends to respond. "I think it's hard for a recession to find something to bite on, a vulnerability to bring us down," Wall Street veteran Jim Paulsen said.CHICAGO — Spencer Torkelson hit a three-run homer during a five-run seventh inning, and the Detroit Tigers beat the Chicago White Sox 6-3 on Monday night to complete a four-game sweep and drop the majors' worst team to 31-101.