Will they or won’t they? For weeks, US retail watchers have been waiting to see whether Dollar General would follow in Dollar Tree’s footsteps and make a competing bid for Family Dollar. Yesterday, we got the answer. Dollar General, long-time market leader in the US small-format value sector, offered to buy Family Dollar, proposing to pay USD78.50 per share in cash for the retailer. The offer tops Dollar Tree’s earlier cash-and-stock bid valued at USD74.50 per share.
by Kelly Tackett
Research Director - US