YANKEE GO HOME: The Quebec provincial government said that the potential for a hostile takeover of Canada’s largest home improvement chain by a U.S. rival is not in the province’s or the nation’s interest after Rona Inc. rejected a $1.75 billion offer from Lowe’s, of Mooresville, N.C.

CANADIAN HOME IMPROVEMENT FOR CANADIANS: Quebec finance minister Raymond Bachand said he may intervene to block any further attempt to buy Rona. He called it a major player in the province’s economy, saying that almost half of Rona’s purchases are made in the French-speaking province and almost 85 percent in Canada.

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