Bloomberg: Big retail chains eye Fred's acquisition

|By:, SA News Editor

Fred's (FRED +7.1%) has talked to Walgreen (WAG +0.1%), Dollar General(DG +0.2%) and CVS Caremark (CVS +1.5%) about a sale, according to a developing Bloomberg report.

The company is in the midst of a strategic review.

Shares of FRED have popped off the news.