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Dollar General's planned hostile bid for Family Dollar roils retail waters

from The New York Times

The three-way tug of war being hashed out in the discount retail industry just got a little bit more contentious. Dollar General said it was going hostile and taking its $9.1 billion offer for Family Dollar directly to shareholders after being rebuffed. The move further complicates Family Dollar's agreed-upon deal, announced in July, to sell itself to Dollar Tree for $8.5 billion. more

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