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Dollar General Corp

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  • Family Dollar, the second largest U.S. discount retailer, said it adjourned the meeting as there were not enough votes to adopt the Dollar Tree agreement. Family Dollar agreed to be acquired by Dollar Tree for $8.5 billion in cash and stock after twice rejecting higher all-cash bids from bigger rival Dollar General Corp, citing antitrust concerns.

  • Family Dollar delays vote on Dollar Tree deal Tuesday, 23 Dec 2014 | 10:59 AM ET

    MATTHEWS, N.C.— Family Dollar says it has delayed a shareholder vote on its proposed acquisition by Dollar Tree until Jan. 22. Family Dollar Stores Inc. has been courting multiple buyout offers. The judge determined that Family Dollar's board acted reasonably in not negotiating with Dollar General, because of antitrust risks and uncertainty that regulators...

  • Dec 23- Family Dollar Inc adjourned a special meeting of shareholders to vote on the company's potential acquisition by smaller rival Dollar Tree Inc to Jan. 22 from Tuesday. Family Dollar said it adjourned the meeting as there were not enough votes to adopt the Dollar Tree agreement. Family Dollar agreed to be acquired by Dollar Tree for $8.5 billion in cash and...

  • Judge: Family Dollar can vote on Dollar Tree buyout Friday, 19 Dec 2014 | 6:49 PM ET

    DOVER, Del.— A Delaware judge says stockholders of Family Dollar Stores Inc. can vote on proposed $8.5 billion acquisition by Chesapeake, Virginia- based Dollar Tree Inc.. But some Family Dollar shareholders want the vote postponed until the board reviews a deal with Dollar General Corp., which has also bid for Matthews, North Carolina- based Family Dollar.

  • A Family Dollar spokesman said the special shareholder meeting to vote on the Dollar Tree deal remains scheduled for Dec. 23. Family Dollar has agreed to be acquired by Dollar Tree for $8.5 billion in cash and stock after twice rejecting higher all cash bids from bigger rival Dollar General Corp, citing antitrust concerns. Dollar General took its $9.1 billion...

  • Dec 19- Family Dollar Inc will delay a shareholder vote on the potential acquisition by Dollar Tree Inc, CNBC said, citing sources. Family Dollar will start the shareholder meeting and then adjourn it, CNBC said. Family Dollar, which rejected an $80 per-share bid from larger rival Dollar General Corp for a lower cash-and-stock deal from Dollar Tree, had earlier...

  • Dec 4- Dollar General Corp reined in its full-year sales forecast on Thursday and said it remained committed to buying Family Dollar Stores Inc, which would solidify its place as the No. 1 U.S. discount retailer. Dollar General will lose its top position if it fails to upend a merger agreement between Family Dollar and Dollar Tree Inc.. Dollar General took its $80-...

  • Dec 4- Dollar General Corp reined in its full-year sales forecast and said it remained committed to buying Family Dollar Stores Inc, a deal that would allow it to keep its position as the No. 1 U.S. discount retailer. Dollar General will lose its top position if it fails to upend a merger agreement between Family Dollar and Dollar Tree Inc.. Dollar General took its $80...

  • Early Movers: SHLD, LB, EXPR, ARO, TWX & more Thursday, 4 Dec 2014 | 7:52 AM ET
    A trader works on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.

  • Dec 4- Dollar General Corp reported a 7.8 percent rise in quarterly sales and said it remained committed to buying Family Dollar Stores Inc, which has already agreed to be acquired by Dollar Tree Inc.. Dollar Tree will unseat Dollar General as the No. 1 U.S. deep-discount retailer if it closes the deal with Family Dollar. Dollar General's net income slipped to...

  • Dollar General acquisition would be a 'big deal'  Thursday, 4 Dec 2014 | 5:40 AM ET

    The potential Dollar General purchase of Family Dollar would be a "big deal" in the retail space, especially for investors, says Patrick McKeever, managing director and senior equity analyst at MKM Partners.

  • US stocks close higher; Dow, S&P at records Wednesday, 3 Dec 2014 | 4:00 PM ET
    Traders on the floor of the New York Stock Exchange.

    U.S. stocks rallied into the close, with the Dow ending the day at a record amid encouraging economic reports on Wednesday.

  • Cheat sheet: Retailers' Black Friday openings Wednesday, 26 Nov 2014 | 5:00 AM ET
    A Black Friday sign outside an H&M store in New York.

    Still figuring out your Black Friday battle plan? This road map of store openings can help.

  • Big box stores' big problem? They're just 'average' Monday, 24 Nov 2014 | 11:15 AM ET
    The silhouette of a pedestrian in front of a Bed Bath & Beyond store in San Francisco.

    After evaluating 64 big box stores' digital IQs, L2 concluded that 39 percent are just "average."

  • Hedge funds playing buy-and-hold, and losing Monday, 24 Nov 2014 | 10:54 AM ET
    Pedestrians pass in front of an Apple store in New York.

    Hedge funds aren't changing their stock holdings much despite poor performance compared with the broader stock market.

  • Nov 20- Discount retailer Dollar Tree Inc said it was confident it would need to divest fewer stores than anticipated to win antitrust approval to buy Family Dollar Stores Inc.. Dollar Tree's shares rose as much as 7 percent to a record high of $67.08 on Thursday. Dollar Tree will become the largest U.S. dollar store chain if it pulls off the deal by fending off a...

  • Dollar Tree posts best sales growth since 2011 Thursday, 20 Nov 2014 | 11:12 AM ET
    A Dollar Tree store, July 28, 2014 in Miami, Florida.

    Discount retailer Dollar Tree raised its sales outlook for the year after recording its strongest growth in quarterly same-store sales since 2011.

  • Nov 20- Discount retailer Dollar Tree Inc raised its sales outlook for the year after recording its strongest growth in quarterly same-store sales since 2011.. Dollar Tree, which like other discounters is facing competition from small-format stores opened by big retailers such as Wal-Mart Stores Inc, will become the largest dollar store chain if it pulls off...

  • Nov 20- Discount retailer Dollar Tree Inc reported its strongest growth in quarterly same-store sales since 2011.. Dollar Tree's net income rose 6 percent to $133 million, or 64 cents per share, in the third quarter ended Nov. 1. Dollar Tree has agreed to buy Family Dollar Inc but the deal is facing a challenge from Dollar General Corp, the No. 1 U.S. discount chain.

  • What tops Target's wish list? Bring back 'Tarjay' Wednesday, 19 Nov 2014 | 1:50 PM ET

    Its logo may still be a bullseye, but Target hasn't hit one in a while. A look at what Target has to prove this holiday season.