Reginal Thomas
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Dollar General Gets Hostile With Its Offer To Buy Family Dollar

Dollar General Corp. is taking its $9.1 approach to buy Family Dollar more aggressively, by directly offering the Family Dollar shareholders to buy their shares. This plan comes after Family Dollar rejected Dollar General’s offer twice. The move could ruin the agreement Family Dollar already has to sell itself to Dollar Tree for a lower cash and stock deal worth $8.5 billion or 74.50 per share. Dollar General is offering $80 per share.