MATTHEWS, N.C. (AP) — Family Dollar has told shareholders to reject an unsolicited, $9.1 billion takeover bid from its rival, Dollar General. After repeated rejections by Family Dollar, Dollar General went hostile with its bid last week and took the same offer, $80 per share, directly to investors in Family Dollar. Family Dollar has backed the bid, saying regulators are less likely to interfere over antitrust concerns.
Similar Stories to Family Dollar Opposes Dollar General Overture on Bing News
Business Heds Index, Seattle Post-Intelligencer: Business
Wed, 09/17/2014 - 6:05am
BING NEWS:
- Dollar General Bulls Say Here and No Further: The Bottom Is In
Q1 results were solid and highlighted the long-term opportunity in this retail stock. However, the guidance was weak, leaving the market in disarray while analysts reset the outlook and lowered their ...
06/3/2024 - 2:36 am | View Link - Dollar General Still Has a Shrink Problem
Dollar General saw apparel sales decline in Q1 amid an increase from the trade-down shopper, while profits were hurt by shrinkage.
06/3/2024 - 2:26 am | View Link - Wallowa County commissioners set to hear Dollar General appeals
The new Dollar General store on the outskirts of Wallowa has been open since April 16, 2024, but the controversy over its construction continues, with the Wallowa County Board of ...
06/1/2024 - 6:59 am | View Link - Dollar General Analysts Cut Their Forecasts After Q1 Results
Dollar General reported first-quarter FY24 sales growth of 6% year-on-year to $9.910 billion, beating the analyst consensus estimate of $9.897 billion. Same-store sales increased 2.4% versus last year ...
05/31/2024 - 4:11 am | View Link - Dollar General workers rally for safety improvements, fair pay at Tennessee headquarters
More than 200 Dollar General workers and customers gathered for a march and protest at the corporation's annual shareholder meeting in Middle ...
05/29/2024 - 11:27 pm | View Link - More
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