News Releases

Dollar General Remains Committed to Acquisition of Family Dollar

Cash Tender Offer is a Clearly Superior Proposal for Family Dollar Shareholders Company Remains Confident in its Antitrust Strategy and Analysis GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- In response to the decision by the Board of Directors of Family Dollar Stores, Inc. (NYSE: FDO) to reject Dollar General’s tender offer to acquire all outstanding shares of Family Dollar for $80.00 per share in ... read more

Dollar General Commences Cash Tender Offer to Acquire Family Dollar At $80 Per Share

Antitrust Review Process will Begin GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- Dollar General Corporation (NYSE: DG) today announced that it has commenced a tender offer to acquire all outstanding shares of Family Dollar Stores, Inc. (NYSE: FDO) for $80.00 per share in cash. The offer is scheduled to expire at 5:00 p.m., New York City time, on October 8, 2014, unless the offer is extended. The ... read more

Dollar General Responds to Family Dollar Rejection of Enhanced Offer

Company Remains Committed to Acquiring Family Dollar GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- In response to the decision by the Board of Directors of Family Dollar Stores, Inc. (NYSE: FDO) to reject Dollar General’s enhanced all-cash proposal to acquire all outstanding shares of Family Dollar for $80.00 per share, Dollar General Corporation (NYSE: DG) today stated that it remains committed to ... read more

Dollar General Literacy Foundation Awards Nearly $4 Million to Approximately 825 Schools, Nonprofits and Literacy Organizations across the U.S.

Grants provide funding for youth literacy programs GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- This morning, the Dollar General Literacy Foundation awarded nearly $4 million to approximately 825 schools, nonprofits and literacy organizations to enhance and support youth literacy and education across the United States. Awarded at the beginning of the academic year, youth literacy grants from the ... read more

Dollar General Enhances Proposal to Acquire Family Dollar

Raises All-Cash Consideration to $80 per Share Offers to Divest up to 1,500 Stores if Required by the FTC Includes a $500 million Reverse Break-Up Fee Sets the Record Straight on Antitrust GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- Dollar General Corporation (NYSE:DG) today announced that it has sent an enhanced acquisition proposal to the Board of Directors of Family Dollar Stores, Inc. (NYSE: ... read more

Dollar General Corporation Reports Second Quarter 2014 Financial Results

Net Sales Increased 7.5%; Same-Store Sales Increased 2.1% Diluted Earnings Per Share of $0.83 Company Confirms Full Year Adjusted EPS Guidance; Updates Same-Store Sales Guidance GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal 2014 second quarter (13 weeks) ended August 1, 2014. “Dollar General’s second quarter sales ... read more

Dollar General Reaffirms Commitment to Acquisition of Family Dollar

Confident It Can Quickly and Effectively Address Any Potential Antitrust Issues Dollar General’s Existing Proposal Provides Superior Valuation to Family Dollar Shareholders GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- Dollar General Corporation (NYSE: DG) today announced the following statement regarding its proposed acquisition of Family Dollar Stores, Inc. (NYSE: FDO) following Family Dollar’s ... read more

Dollar General Sends Letter to Family Dollar’s Board of Directors

GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- Dollar General Corporation (NYSE: DG) today announced it has sent the following letter to the Board of Directors of Family Dollar Stores, Inc. (NYSE: FDO) August 20, 2014 Board of DirectorsFamily Dollar Stores, Inc.10401 Monroe RoadMatthews, North Carolina 28201 To the Board of Directors of Family Dollar Stores, Inc.: We have reviewed the Form S-4 on ... read more

Dollar General Makes Proposal to Acquire Family Dollar for $78.50 Per Share

Proposal Provides Superior Valuation and All-Cash Certainty to Family Dollar Shareholders Combination Would Solidify Dollar General’s Position as Largest U.S. Small-Box Discount Retailer Rick Dreiling, Dollar General’s Chairman and CEO, Would Lead Combined Company through May 2016 GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- Dollar General (NYSE: DG) today announced it has made a proposal to ... read more

Dollar General Expands Its Board of Directors

Company Announces Appointment of Paula A. Price to Board GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- Dollar General Corporation (NYSE: DG) today announced the appointment of Paula A. Price, Senior Lecturer at Harvard Business School, to its board of directors effective August 26, 2014. “We are delighted to welcome Paula to the Dollar General board of directors,” said Rick Dreiling, Dollar ... read more
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