Family Dollar Stands Strong, Shareholders Should As Well
Don Dion • Yesterday, 3:54 PM
- This week, Family Dollar rebuffed Dollar General’s $9 billion cash offer and went with the lower $8.5 billion cash and stock deal offered by Dollar Tree.
- A combined Dollar General and Family Dollar could be a strong competitor to a struggling Walmart.
- On July 28, following news of the merger, Family Dollar shares jumped over 20%.
- This suggests a stronger second half of 2014 for the new conglomerate.