Dollar General Corp. (NYSE:DG) has enhanced its bid for Family Dollar Stores, Inc. (NYSE:FDO) by 2% to $80 per share ($9.1 billion) in a renewed effort to win over its competitor from a rival $8.5 billion cash-and-stock bid from Dollar Tree, Inc. (NASDAQ:DLTR). Also see FutureAdvisor As part of the revised proposal, Dollar General Corp. (NYSE:DG) is also willing to sell up to 1,500 stores if required by the U.S. Federal Trade Commission. Dollar General’s sweetened offer The biggest dollar-discount chain in the U.S. offered Tuesday to enhance its bid for Family Dollar to $9.1 billion as well as paying a $500 million…
Dollar General Sweetens Bid For Family Dollar
Mani
Mani is a Senior Financial Consultant. He has worked in Senior Management role in large banking, financial and information technology organizations. He has provided solutions for major banking and securities firms across the globe in the area of retail, corporate and investment banking. He holds MBA (Finance) and Professional Management Accounting Qualifications. His hobbies are tracking global financial developments and watching sports