News Releases
Dollar General Extends Tender Offer to Acquire Family Dollar to October 31, 2014
GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)-- Dollar General Corporation (NYSE: DG) announced today that it has extended its tender offer to acquire all outstanding shares of Family Dollar Stores Inc. (NYSE: FDO) for $80.00 per share in cash (including associated preferred share purchase rights) to 5:00 p.m. New York City time on October 31, 2014, unless further extended. The tender offer was ...
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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 ...
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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 ...
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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 ...
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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 ...
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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: ...
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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 ...
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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 ...
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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 ...
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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 ...
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