COREY FELDMAN HOSPITALIZED AFTER MID-FLIGHT MEDICAL EMERGENCY AT LOS ANGELES. (PHOTO).

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 Corey Feldman hospitalized after mid-flight medical emergency at LAX  Actor Corey Feldman was hospitalized after experiencing a medical emergency during a flight and being taken directly from Los Angeles International Airport to a hospital, according to his publicist. The 54-year-old actor reportedly became ill while traveling from Chicago to Los Angeles on Monday. A doctor on board evaluated him during the flight before he was met upon arrival and transported for further treatment. He remained in the hospital overnight for observation. Early speculation suggested the issue could be related to gallstones, but his publicist said that possibility was ruled out by medical staff. Feldman was still undergoing evaluation and awaiting MRI results as of Tuesday morning. Feldman, known for his roles in 1980s films including “The Goonies” and “Stand by Me,” has recently been traveling across the country for screenings marking the 40th anniversary of “Stand by Me.” He has appeared at ev...
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7-ELEVEN OWNER REJECTS $38 BILLION TAKEOVER BID FROM CANADIAN RIVAL. (PHOTO).

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7-Eleven Owner Rejects $38 Billion Takeover Bid from Canadian Rival 


The Japanese owner of 7-Eleven, Seven & i Holdings, has rejected a $38 billion takeover bid from Canadian company Alimentation Couche-Tard (ACT), citing that the offer "grossly undervalued" the business and raised significant regulatory concerns. While Seven & i expressed openness to further negotiations, they emphasized that ACT's initial proposal was "opportunistically timed" and did not reflect the true value of the company or its potential for future growth. The takeover, if successful, would create a global convenience store giant with over 100,000 stores worldwide.


ACT, which operates around 17,000 stores under the Circle K and Couche-Tard brands, valued Seven & i at $14.86 per share, representing a 20% premium over its pre-announcement share price. The offer came at a time when the Japanese yen is weak against the US dollar, making Seven & i more affordable to foreign buyers. However, the Japanese retail giant flagged potential challenges from US competition regulators and reiterated that the deal was not aligned with its shareholder value goals.


The potential acquisition would mark the first time a Japanese company of Seven & i's size has been bought by a foreign firm. Historically, Japan has been more inclined to purchase overseas businesses rather than sell national assets. Experts suggest that if the deal succeeds, it could signal Japan's openness to foreign investment, though the negotiation process is expected to be long and complex.

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