Yahoo Finance

Ever since a Canadian suitor came along with a takeover proposal, the owner of 7-Eleven has been grappling with two seemingly conflicting objectives: Keeping control within familiar Japanese hands and making shareholders happy. Seven & i’s preferred solution—a generous buyout from the company’s founding family—went out the window recently, when the buyers said they couldn’t secure enough financing. Stephen Dacus replaces Ryuichi Isaka, who has clashed with activist investors.