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Dollar Tree Inc

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  • 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...

  • Dollar General trims sales guidance Thursday, 4 Dec 2014 | 12:43 PM ET
    A customer walks into a Dollar General store near Montpelier, Vermont.

    Dollar General reined in its full-year sales forecast and said it remained committed to buying Family Dollar Stores.

  • Mario Draghi is all over the place on ECB action Thursday, 4 Dec 2014 | 10:28 AM ET

    European stocks weakened and the euro shot higher as the ECB chief implied any initiative to purchase sovereign debt isn't imminent.

  • 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...

  • 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...

  • High-end shopper thrives while low-income survives Tuesday, 25 Nov 2014 | 12:05 PM ET
    Residents shop at Walmart as the store prepares for Black Friday in Los Angeles, Calif., November 24, 2014.

    The root of the disconnect in retail lies in the fact that it's one set of consumers who are reaping most of the benefits.

  • SEC director with big stock holdings stirs debate Friday, 21 Nov 2014 | 8:00 AM ET

    The man who runs the office that reviews companies' books at the U.S. SEC reported stock holdings of between $2 million and $6 million last year.

  • WASHINGTON, Nov 21- Keith Higgins, who runs the office that reviews public companies' books at the U.S. Securities and Exchange Commission, reported stock holdings worth between about $2 million and $6 million last year and the sale of stocks throughout 2014, according to SEC disclosures viewed by Reuters. Since the beginning of the year, he has reported about 60...

  • Midday Movers: Dillard's, GoPro, Apple & more Thursday, 20 Nov 2014 | 12:29 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Take a look at some of Thursday's midday movers:

  • 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...

  • Futures hold losses on inflation, jobs data Thursday, 20 Nov 2014 | 8:30 AM ET
    Traders work on the floor of the New York Stock Exchange.

    U.S. stock index futures pointed to a softer open as investors digested the minutes from the Fed's latest meeting and a raft of new data.

  • 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.

  • Oct 31- Dollar General Corp extended its tender offer for shares of Family Dollar Stores Inc to Dec. 31, until after a shareholder vote that will decide the fate of a rival bid by Dollar Tree Inc.. Dollar General had received offers for only about 4 million Family Dollar shares of a total 114 million outstanding shares as of Oct. 30, a day before the offer was to expire.

  • Oct 31- Dollar General Corp extended for the second time its tender offer to acquire shares of Family Dollar Stores Inc, as less than 4 percent of Family Dollar's shares had been tendered so far. Family Dollar, which has spurned Dollar General's takeover approaches twice, citing anti-trust concerns, has been pushing for a lower cash-and-stock deal from Dollar...