Tag Archives: Family Dollar Stores (FDO)

Family Dollar Stores, Inc. (FDO)

Family Dollar Stores, Inc. (FDO) Profit Narrows as Dollar General Corp. (DG) Pressures on With Acquisition

Family Dollar Stores, Inc. (FDO) Profit Narrows as Dollar General Corp. (DG) Pressures on With Acquisition

Family Dollar Stores, Inc. (NYSE:FDO) reported narrower net profit margin than what analysts had expected. The company reported 66% lower profit, saying that its financial performance had been significantly affected by price reduction meant to attract more shoppers. The retailer, which has been spurning an acquisition effort by Dollar General Corp. (NYSE:DG), also said that

Family Dollar Stores, Inc. (FDO)

Dollar General Corp. (DG) Plans Tender Offer for Family Dollar Stores, Inc. (FDO)’s Shares

Nearly one month after its first acquisition proposal for Family Dollar Stores, Inc. (NYSE:FDO), Dollar General Corp. (NYSE:DG) is all set to take the route of a hostile takeover. The company will issue a tender offer with $80 share price to its shareholders, as reported by WSJ. The management of Family Dollar Stores, Inc. (NYSE:FDO)

Dollar General Corp. (DG) Doubts the Intention of CEO of Family Dollar Stores, Inc. (FDO) Over Acquisition

In the latest string of Family Dollar Stores, Inc. (NYSE:FDO) acquisition process, Dollar General Corp. (NYSE:DG) has questioned the motives of Howard Levine, CEO of Family Dollar Stores, Inc. (NYSE:FDO). According to Dollar General Corp. (NYSE:DG), Levine is probably motivated by self-interest in Dollar Tree, Inc. (NASDAQ:DLTR)’s acquisition of the company. As mentioned by the

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