Jinjoo Lee

because if a foreign company can successfully buy Japan's largest convenience store chain, does that sort of open the door for other corporate crown jewels to get sold to the highest foreign bidder?

because if a foreign company can successfully buy Japan's largest convenience store chain, does that sort of open the door for other corporate crown jewels to get sold to the highest foreign bidder?

It really started with former Prime Minister Shinzo Abe in the early 2010s. And they introduced measures to try to make companies more shareholder friendly. They try to like nudge companies to require like more independent oversight of company executives to try to improve returns. Most recently, the

It really started with former Prime Minister Shinzo Abe in the early 2010s. And they introduced measures to try to make companies more shareholder friendly. They try to like nudge companies to require like more independent oversight of company executives to try to improve returns. Most recently, the

It really started with former Prime Minister Shinzo Abe in the early 2010s. And they introduced measures to try to make companies more shareholder friendly. They try to like nudge companies to require like more independent oversight of company executives to try to improve returns. Most recently, the

The largest stock exchange in Japan came out and said, hey, if your stock price gets too cheap, then you have to submit a plan to us outlining how you're going to increase your valuation.

The largest stock exchange in Japan came out and said, hey, if your stock price gets too cheap, then you have to submit a plan to us outlining how you're going to increase your valuation.

The largest stock exchange in Japan came out and said, hey, if your stock price gets too cheap, then you have to submit a plan to us outlining how you're going to increase your valuation.

Well, you want more investors coming in, right? You don't want your stocks to be undervalued. It also contributes to, you know... A lot of Japanese citizens own shares in these companies. You would want their wealth to increase. They're trying to make the stocks that are listed on there more attractive so that they can attract more investment.

Well, you want more investors coming in, right? You don't want your stocks to be undervalued. It also contributes to, you know... A lot of Japanese citizens own shares in these companies. You would want their wealth to increase. They're trying to make the stocks that are listed on there more attractive so that they can attract more investment.

Well, you want more investors coming in, right? You don't want your stocks to be undervalued. It also contributes to, you know... A lot of Japanese citizens own shares in these companies. You would want their wealth to increase. They're trying to make the stocks that are listed on there more attractive so that they can attract more investment.

Well, I guess one way to read this is buyout proposal is that Japanese companies really haven't changed that much. You know, like that they would rather do this risky, expensive deal to keep this crown jewel in their own hands. But actually, I think it's a good sign because a very bad sign would have been if Seven and I just kept rejecting the takeover proposal and didn't do anything about it.

Well, I guess one way to read this is buyout proposal is that Japanese companies really haven't changed that much. You know, like that they would rather do this risky, expensive deal to keep this crown jewel in their own hands. But actually, I think it's a good sign because a very bad sign would have been if Seven and I just kept rejecting the takeover proposal and didn't do anything about it.

Well, I guess one way to read this is buyout proposal is that Japanese companies really haven't changed that much. You know, like that they would rather do this risky, expensive deal to keep this crown jewel in their own hands. But actually, I think it's a good sign because a very bad sign would have been if Seven and I just kept rejecting the takeover proposal and didn't do anything about it.

But the fact that they're offering this alternative counterbid is a sign that they feel pressure to act on behalf of shareholders.

But the fact that they're offering this alternative counterbid is a sign that they feel pressure to act on behalf of shareholders.

But the fact that they're offering this alternative counterbid is a sign that they feel pressure to act on behalf of shareholders.

Well, we'll have to see what CouchTard comes back with. You know, there's, I guess, three potential scenarios. Either CouchTard comes out with a stronger offer. And 7-Eleven is sold to CouchTard or management does its buyout and then the company goes private. And the third option is that they reject CouchTard.

Well, we'll have to see what CouchTard comes back with. You know, there's, I guess, three potential scenarios. Either CouchTard comes out with a stronger offer. And 7-Eleven is sold to CouchTard or management does its buyout and then the company goes private. And the third option is that they reject CouchTard.

Well, we'll have to see what CouchTard comes back with. You know, there's, I guess, three potential scenarios. Either CouchTard comes out with a stronger offer. And 7-Eleven is sold to CouchTard or management does its buyout and then the company goes private. And the third option is that they reject CouchTard.