Its interesting to see the low-price retailer heat up as Dollar General made an all cash bid of nearly $10 billion for Family Dollar, topping a deal made by Dollar Tree last month. Dollar General is bidding $78.50 per share to a total of $9.7 billion. Dollar General has itself stated that its deal is superior to the $74.50 per share cash and stock offer Dollar Tree made last month. Their deal has been valued at $8.6 billion. No comments were received from Family Dollar regarding these deals as attempts to reach them for comments was not immediately successful.
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Roxanne Briean
I am a geek, a gamer and a writer. I have always been fascinated with the online community. At the moment I work as a full-time writer and study interior design. When I'm not scouring the net in search of interesting new gadgets and software I spend my time in MOBAs or drawing.
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