Originally Posted by Grapeshot
This urban myth (read untruth) goes back years and has repeated been debunked.
Walmart does NOT own Lowes Home Improvement stores.
http://www.answers.com/Q/Who_owns_Lo...rt_ownes_Lowes
http://www.topix.com/forum/city/searcy-ar/TH2EDJ9OI4I0CB9DQ/p2
That rumor got started IMO because some of the Waltons are invested in Lowes, but not as majority stockholder bloc. No cite providedwell thanks for setting me straight grape. I wont' say it again.
The Waltons undoubterdy have some diversity in their investment portfolio - don't know of any other with "ownership" being part of the position.