The Traderszone Network

Published in TZ Latest News 18 August, 2014 by The TZ Newswire Staff

Dollar General enters race for Family Dollar with $8.95 billion bid

“Both Dollar General and Dollar Tree have some capacity to go a little bit higher with the offer price,” said Joseph Feldman, analyst at Telsey Advisory Group. Dollar stores have been a popular choice for low- and middle-income U.S. “We have a tremendous amount of strength in the rural communities and we have things to learn in the metro,” Dollar General Chief Executive Rick Dreiling said on a conference call. “Family Dollar is just the reverse.”