Investors not so positive on Lowe's Canada bet

• Lowe's (LOW -8.1%) is sharply lower after acquiring Canadian home improvement chain Rona. It appears likely that the misadventures of Sears and Target in the stretched-out nation are factoring in.
• The company notes trends are improving at Rona and sees synergy building up over time.
• BMO Capital Markets thinks the deal will win regulatory approval in Canada.
• Previously: Lowe's acquires Rona (Feb. 03 2016)