BUZZ-Lowe's Cos Inc: To buy Canada's Rona Inc
** Home improvement retailer's shares down 8 pct at $65.84
** To buy Canada's Rona Inc in a deal valued at C$3.2 bln ($2.28 bln), winning over Rona's board with a far higher offer than its previous unsolicited bid
** Canadian home improvement retailer's shares doubled to C$23.57, just shy of offer price of C$24 per share
** Lowe's previous attempt to take over Rona became a hot-button issue in Quebec
** Rona Chairman Robert Chevrier says he does not think Quebec or Federal Government will block Lowe's deal
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