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Dollar General launches hostile, $9.1 billion bid for rival discounter Family Dollar

...rival repeatedly rejected previous offers.The discount chain has commenced an open offering to investors of Family Dollar Stores Inc. for $80 per share in cash. That offer was rejected last week by the company's board, which has already...
Family Dollar bucks Dollar General bid again

CHESAPEAKE, Va. - Family Dollar is rejecting Dollar General's latest acquisition offer, and Dollar Tree says it will now divest as many stores as needed to get antitrust clearance for its deal to buy Family Dollar.
Business news

...antitrust regulators. Family Dollar's board said it supports its existing deal to be acquired by Dollar Tree.Family Dollar Stores Inc. Chairman and CEO Howard Levine said in a statement Thursday that its board and advisers reviewed Dollar General...
Dollar General enters bidding for Family Dollar

NEW YORK - Dollar General isn't about to be left out in the cold. The discounter is starting a bidding war for Family Dollar with an approximately $8.95 billion offer.
Dollar Tree buys Family Dollar expected to close by early next year. It still needs approval from Family Dollar shareholders.Shares of Family Dollar Stores Inc., which is based in Charlotte, North Carolina, surged $14.89 to $75.55 in premarket trading. The record...
Biz bits

...the possibility of another fine.In other newsACTIVIST INVESTOR Carl Icahn said Thursday that he wants to see Family Dollar Stores Inc. sold at once, and he told the Matthews, N.C.-based retailer that he's prepared to seek the removal...
Dollar stores are not always bargains save any money?Since the start of the economic downturn, major chains such as Dollar General Corp. and Family Dollar Stores Inc. have accelerated their growth by transforming stores with wider aisles, better lighting and more name brands...
Business news

...two full-time managers and several part-time clerks, said Joshua Braverman, a public relations manager for Family Dollar Stores Inc.Safety, effectiveness of diet pill questionedWASHINGTON --- Federal health officials dealt a surprising blow...
New Family Dollar for south Augusta

...two full-time managers and several part-time clerks, said Joshua Braverman, public relations manager for Family Dollar Stores Inc.The proposed store's owner could not be reached for comment.
Business | Latest News
Retailers report mixed sales results for April

...increase. Rival Target had a 1.3 percent gain, below analysts' 2.3 percent forecast. Same-store sales at Family Dollar Stores Inc. rose 0.9 percent, well below Wall Street's 3.4 percent forecast. The retailer cut its outlook for the...