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Report: Alimentation Couche-Tard Mulling Updated Bid for 7-Eleven Parent

Report: Alimentation Couche-Tard Mulling Updated Bid for 7-Eleven Parent

by Phil Hall | Sep 12, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Canadian-based Alimentation Couche-Tard Inc. (ACT) (TSX:ACT) is reportedly planning to reapproach Japan’s Seven & i Holdings (OTCMKTS: SVNDY) with a new acquisition bid, despite the U.S. Federal Trade Commission’s (FTC) reported it was pursuing an antitrust...
Report: FTC Probes Takeover Bid of 7-Eleven Parent

Report: FTC Probes Takeover Bid of 7-Eleven Parent

by Phil Hall | Sep 10, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The U.S. Federal Trade Commission (FTC) has notified Japan’s Seven & i Holdings (OTCMKTS: SVNDY), the parent company of the 7-Eleven chain, that it plans to investigate potential antitrust concerns related to the unsolicited acquisition bid by Canada’s...
Kroger Sues FTC Over Attempt to Block Merger with Albertsons

Kroger Sues FTC Over Attempt to Block Merger with Albertsons

by Phil Hall | Aug 22, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Kroger Co. (NYSE: KR) has filed a motion for preliminary injunction against the Federal Trade Commission’s (FTC) challenge to its merger with Albertson’s Companies Inc. (NYSE: ACI), arguing that the agency’s decision to proceed in an administrative...
Hits and Misses for the Real Estate Week of Aug. 12-16

Hits and Misses for the Real Estate Week of Aug. 12-16

by Phil Hall | Aug 16, 2024 | Commercial Real Estate News, Current News & Events, Hits and Misses, Real Estate News, U.S. Housing Market, WRE News Exclusive

Kamala Harris’ housing plans, a new era in real estate commissions and a new assault on phony online reviews. From the wild and wooly world of real estate, here are the Hits and Misses for the week of Aug. 12-16. Miss: Thus Spoke Kamala. After weeks of silence on what...
FTC to Refund $12 Million to Consumers in House Flipping Scheme

FTC to Refund $12 Million to Consumers in House Flipping Scheme

by Phil Hall | Aug 1, 2024 | Current News & Events, Industry Updates, Real Estate News, WRE News Exclusive

The Federal Trade Commission (FTC) announced it will distribute over $12 million in refunds to more than 25,000 consumers who paid Zurixx LLC for a dubious house flipping investment training program. The FTC and the Utah Department of Commerce Division of Consumer...
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