Dollar General just cant seem to close the deal. Family Dollar rejected Dollar Generals sweetened offer this morning (up from $8.9 billion to $9.1 billion), again on the basis of antitrust concerns. The rejection raises the possibility of a hostile takeover attempt, with Dollar Generals assertion that it may take the offer directly to shareholders. However, Family Dollar leaders are maintaining their support from other discount retailer Dollar Tree, Inc. Who will win? Will things get ugly? Photo: LA Times
Posted on: Fri, 05 Sep 2014 17:48:08 +0000
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