Billion Dollar Battle for Dollar Store Reviewed by Momizat on . Because the economic recovery we’ve all been told is happening never really arrived, dollar stores across the United States are doing big business these days. B Because the economic recovery we’ve all been told is happening never really arrived, dollar stores across the United States are doing big business these days. B Rating: 0
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Billion Dollar Battle for Dollar Store

Posted date: September 24, 2014 In: Mergers and Acquisitions/Exit Planning, QuickPress

DollarStoreBecause the economic recovery we’ve all been told is happening never really arrived, dollar stores across the United States are doing big business these days. Because of that, there’s a huge takeover battle going on between the nation’s three largest dollar store retailers. Apparently, there’s billions to be made, one dollar at a time.

Family Dollar Stores (FDS) originally rebuffed an unsolicited $9.1 billion offer from its larger competitor, Dollar General Corp. (DGC), citing anti-trust risks. Ironically, it already had a deal to sell to Dollar Tree Inc. (DTI) for $8.5 billion. DGC is now taking hostile action in its bid to buy FDS by taking its $9.1 billion offer directly to the shareholders. For more details on what promises to be a protracted takeover battle, visit Fortune.com.

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