Dollar General announced that it has commenced a tender offer to acquire all outstanding shares of Family Dollar stores for $80.00 per share in cash.
Dollar Tree and Family Dollar on Friday announced that the two companies have amended their merger agreement.
Family Dollar on Friday rejected the revised proposal made by Dollar General on Sept. 2 on the basis of antitrust regulatory considerations.
Dollar General on Tuesday sweetened its deal for Family Dollar with an enhanced acquisition proposal with an offer worth about $9.1 billion.
Despite Family Dollar rejecting Dollar General’s $9.7 billion offer to buy the company, Dollar General is going forward with plans to open its first Maine locations.
Citing antitrust concerns, Family Dollar Stores has rejected Dollar General’s proposal and reaffirmed its support of the merger agreement with Dollar Tree.
Dollar General is considering outbidding Dollar Tree for Family Dollar Stores, Bloomberg reported Wednesday.
Dollar Tree on Monday morning acquired Family Dollar Stores in a cash and stock transaction worth about $8.5 billion.
Fred's Super Dollar on Thursday reported total sales for the first quarter of fiscal 2014 were $498.3 million, a 0.6% decline.
Dollar Tree on Thursday posted first-quarter consolidated net sales of $2 billion, a 7.2% increase, for the period ended May 4.
Dollar Tree on Wednesday posted sales of $2.2 billion for the fourth quarter ended Feb. 1, down slightly by 0.9%.
Dollar General increased net sales by 8.5% to $4.2 billion for its first quarter ended May 3, the dollar operator reported Tuesday.
Most retailers in Canada are ready for a phase-out of 1-cent coins, a national retailing trade group said Wednesday.
To deliver the value of a supercenter with the convenience of a drug store — that is the essence of the Dollar General strategy.
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