Popular News From Popular Sites: Dollar General extends tender offer for Family Dollar shares again

Friday, October 31, 2014

Dollar General extends tender offer for Family Dollar shares again

The Dollar General store in Arvada, Colorado (Reuters) - Dollar General Corp extended its tender offer for shares of Family Dollar Stores Inc to Dec. 31, until after a shareholder vote that will decide the fate of a rival bid by Dollar Tree Inc . Dollar General had received offers for only about 4 million Family Dollar shares of a total 114 million outstanding shares as of Oct. 30, a day before the offer was to expire. Dollar General's perseverance to close a deal highlights its struggles in a weak economy where penny-pinching customers look for more discounts and deals. ...




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