<p>Canada’s convenience store giant backed away from a blockbuster bid set to dramatically expanded its convenience store empire, when it pulled its proposal to buy the parent company of rival 7-Eleven on Wednesday.</p>

Laval-based company ended its takeover bid over what it called a "persistent lack of good faith engagement."{ai:summary}<p>Canada's convenience store giant has withdrawn its bid to acquire the parent company of 7-Eleven, a move that would have significantly expanded its market presence. The decision comes as a surprise in the competitive retail landscape. #economy</p>

Quebec's Couche-Tard ends bid for 7-Eleven parent company over 'lack of good faith engagement'

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