Carl Icahn seems to have the Midas touch these days. Just ask Family Dollar. Shares of Family Dollar (FDO) surged 13.4% on Monday, the first trading day since Icahn disclosed a 9.4% stake in the discount retailer. In a post on Twitter, …
"For more than 50 years, Family Dollar has been providing value and convenience to customers in easy-to-shop neighborhood locations. Family Dollar's mix of name brands and quality, private brand merchandise, appeals to …
When I consider my estimate of Wal-Mart's (WMT) Neighborhood Market's future effect on dollar stores, and the prices at Family Dollar Stores (FDO) -- which are 3%+ too high vs. its competitors and which, I believe, were responsible for the …
... Dollar this morning rejected Dollar General’s all-cash offer of $78.50 a share and reiterated Family Dollar’s support for the $74.50 cash and stock offer from Dollar Tree Inc. (NASDAQ: DLTR). The given reason for sticking with the lower …
At that time, the company had a market cap of $6.9 billion. Dollar Tree is offering Family Dollar shareholders $59.60 in cash and $14.90 worth of stock for each share. "This is a transformational opportunity," Dollar Tree CEO Bob Sasser …
NEW YORK, April 2 (Reuters) - Family Dollar Stores Inc’s FDO.N stock is up 104 percent since early January 2008, rising as a recession forces U.S. consumers to pitch pennies and stretch their budgets by shopping at discount retailers. The …
Dollar Tree (DLTR) is buying its larger rival Family Dollar (FDO) in a cash and stock deal valued at about $8.5 billion. "This acquisition will extend our reach to lower-income customers and strengthen and diversify our store footprint," Dollar …
and Hillshire stock ended the session up 5.3%. Related: Tyson ups bid for Hillshire, rival drops out 2. Hot money around Family Dollar, Dollar General: Famous hedge fund manager Carl Icahn, of Icahn Enterprises, announced a 9.3% stake …
The stock has a consensus analyst price target of $61.99 and a 52-week trading range of $49.59 to $62.72. It has a market cap of almost $13 billion. Dollar General affirmed Wednesday that it is committed to the acquisition of Family Dollar. …