Family Dollar (FDO) Rejects Buyout Offer from Dollar General (DG)

Family Dollar’s (FDO) board of directors rejected on Thursday a nearly $10 billion buyout bid from rival discount chain Dollar General (DG). The board cited “antitrust regulatory considerations” as the basis for the rejection, and reaffirmed its preference for a merger with Dollar Tree (DLTR). Family Dollar CEO Howard Levine said that the board’s decision […] View the full post at: Family Dollar (FDO) Rejects Buyout Offer from Dollar General (DG) Related posts: Madoff Family Members Taking Advise on Surviving Prison General Motors Borrows $4 bln in Additional Federal Aid Treasury Dept. Secures Chrysler Tentative Deal