"I wouldn't count an acquisition out," Joshua Rodriguez, founder and CEO of CNA Finance told TheStreet in an email on Friday, June 30. "I've seen this quite a bit in the market. A company struggles to find footing after years of upset, files for bankruptcy, then is scooped up by a big player in its industry for pennies on the dollar. We know that retail acquisitions are the hot ticket right now, think about the recent Amazon.com Inc. (AMZN) , Whole Foods Market Inc. (WFM) deal. Sears Canada may be the next big acquisition news."
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