Canadian home improvement company Rona rejects an offer from Lowe's (LOW) to buy it out, saying...

|About: Lowe's Companies, Inc. (LOW)|By:, SA News Editor

Canadian home improvement company Rona rejects an offer from Lowe's (LOW) to buy it out, saying a deal isn't in the best interest of shareholders. Lowe's hasn't ruled out upping its offer or making a hostile takeover bid.