Saturday, September 10, 2016
Dollar General Goes Hostile for Family Dollar
Goodlettsville, Tenn.-based Dollar General Sept. 10 said it is offering Family Dollar shareholders $80 per share in cash for all outstanding common stock. The $9.1 billion offer is set to expire Oct. 8. Dollar General said it would also promptly file for a clearance to begin the antitrust approval process with the Federal Trade Commission.
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