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Monday, July 28, 2014

Dollar Tree's Family Dollar Buy Forges Discount Giant



Investors.com http://ift.tt/1uzeicx Dollar Tree (DLTR) agreed to buy Family Dollar in a cash and stock deal valued at about $8.5 billion after being pressed by activist investors Carl Icahn and Nelson Peltz, who own large blocks of shares of the companies. Under terms of the acquisition, announced early Monday morning, Family Dollar Stores (FDO) shareholders would receive $59.60 in cash and $14.90 equivalent in Dollar Tree shares. Shares of Dollar Tree rose as much as 10% in early


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