Dollar General Takes Bid to Rival's Holders

Written By The USA Links on Wednesday, 10 September 2014 | 05:33


WSJ.com: US Business

Dollar General Takes Bid to Rival's Holders

Updated Sept. 10, 2014 8:17 a.m. ET


Dollar General Corp. is taking its $9.1 billion offer to buy Family Dollar Stores Inc. directly to its rival's shareholders, in an attempt to pull off a hostile takeover after its offer was rejected by its target's board.


Dollar General, which formally announced the move Wednesday morning, will tender to buy the company's shares for $80 apiece...





0 comments:

Post a Comment