The Investment Reporter, in its May 20, 2016, issue, says tender Rona Inc., recently $23.82. The Reporter said buy five times from July 3, 2009, to April 3, 2015, at prices ranging from $10.86 to $15.90. Assuming a $1,000 investment for each of the five buys, tendering the $5,000 position would yield a profit of $4,086. The Quebec-based home improvement and construction retailer has been acquired by U.S.-based Lowe's Companies Inc. At the time of writing, the Reporter suggested to hold the stock, then tender for $24 a share when the time comes. You should also be able to receive your last quarterly dividend of four cents a share on June 23.
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