What might sound a bit discomforting for the management of Family Dollar Stores, Inc. (NYSE:FDO), the shareholders of the company voted against the acquisition bid of Dollar Tree, Inc. (NASDAQ:DLTR). The company has adjourned the meeting to January 22, 2015 and majority of shareholders voted in favor of the adjournment. The financial restructuring plans of…
Dollar General Corp. (DG) takes lead on Dollar Tree, Inc (DLTR) with a $9 billion bid for Family Dollar Stores Inc (FDO)
In a series of events associated with Family Dollar Stores Inc (NYSE:FDO)’s acquisition, Dollar General Corp. (NYSE:DG) has entered the bidding war with Dollar Tree, Inc (NASDAQ:DLTR). Dollar General Corp. (NYSE:DG) offered nearly $9 billion for Family Dollar Stores Inc (NYSE:FDO) against $8.5 billion offered by Dollar Tree, Inc (NASDAQ:DLTR) last month. According to the…