The Traderszone Network

Published in TZ Latest News 23 January, 2015 by The TZ Newswire Staff

Dollar General could look to smaller acquisitions for growth

On Thursday, Family Dollar shareholders approved a cash-and-stock deal to be bought by Dollar Tree for $8.5 billion, derailing Dollar General’s $9.1 billion all-cash offer. The deal, which will give the combined company more than 13,000 stores and more than $18 billion in annual sales, is not expected to hurt Dollar General’s growth and competitive standing, analysts said. Stifel, Nicolaus & Co analyst Taylor LaBarr said that Dollar General is now expected to focus on expanding its footprint of more than 11,500 stores, while Dollar Tree slows store openings to integrate Family Dollar.