Dollar General sweetens Family Dollar bid, may go hostile


Credit: Reuters/Rick Wilking


A price sign at a Dollar General store in Arvada, Colorado June 2, 2009.


Dollar General said last week it remained committed to acquiring Family Dollar, after the target rejected the previous offer, saying the deal could run foul of competition law. Instead, it opted for a lower bid from Dollar Tree Inc (DLTR.O).


(Reporting by Abhirup Roy in Bangalore; Editing by Saumyadeb Chakrabarty)


Thank You for Visiting Dollar General sweetens Family Dollar bid, may go hostile.

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