New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
April 23, 2014
06:52 EDTDLTRDollar Tree added to short-term buy list at Deutsche Bank
News For DLTR From The Last 14 Days
Check below for free stories on DLTR the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent DLTR news | >>
July 28, 2014
13:23 EDTDLTRIcahn 'pleased' with Family Dollar deal, 'hopeful' alternate deal may surface
Carl Icahn released the following statement regarding Family Dollar Stores (FDO): "While we continue to believe there are a handful of potential buyers who could realize greater synergies through a combination with Family Dollar and are hopeful that one or more of them will surface as a result of today’s announcement, we are extremely pleased with Dollar Tree’s (DLTR) intention to acquire Family Dollar in a transaction that values the company at $74.50 per share. This is a big win for all shareholders of Family Dollar and yet another validation of the activist investment philosophy in general." Another company in the space, Dollar General (DG), has previously been speculated as an alternative partner for Family Dollar and Wal-Mart (WMT) is seen as a competitor to dollar store operators.
12:21 EDTDLTROn The Fly: Midday Wrap
Subscribe for More Information
11:39 EDTDLTRWells says potential for competing Family Dollar bid an unknown
Subscribe for More Information
11:00 EDTDLTRHigh option volume stocks:
Subscribe for More Information
10:24 EDTDLTRFamily Dollar, Dollar Tree advance after agreeing to combine
Subscribe for More Information
09:57 EDTDLTRDollar Tree downgraded to Neutral from Outperform at Credit Suisse
Subscribe for More Information
09:32 EDTDLTRDollar Tree says will pay down debt vs. buying back shares
Subscribe for More Information
09:26 EDTDLTRDollar Tree says deal could close by early January 2015
Subscribe for More Information
09:17 EDTDLTROn The Fly: Pre-market Movers
Subscribe for More Information
09:10 EDTDLTRDollar Tree to benefit from Family Dollar deal, says Sterne Agee
Subscribe for More Information
09:05 EDTDLTRDollar General 'fully aware" of Family Dollar buyout, CNBC reports
Dollar General (DG) was "fully aware" of Family Dollar buyout process by Dollar Tree (DLTR), CNBC's David Faber reports. Shares of Dollar General are down 4% to $53.40 following news of the Dollar Tree, Family Tree merger.
09:00 EDTDLTRTrian to vote 7.34% stake in favor of Family Dollar buyout
Nelson Peltz's Trian Fund disclosed a voting agreement whereby it will vote its 7.34% Family Dollar stake in favor of Dollar Tree's (DLTR) buyout at $74.50 per share in cash and stock. A Trian spokeswoman told Reuters the fund "strongly" believes the merger represents the "best path forward" for Family Dollar.
08:59 EDTDLTRDollar Tree says store closures not a part of syngergy expectations at this time
Subscribe for More Information
08:52 EDTDLTRDollar Tree says sees compelling growth opportunities in discount retail space
Says deal will be 80% cash, 20% shares. Says acquisition synergies "significant and achievable." Says acquisition is "transformational." Family Dollar (FDO) says combination with Dollar Tree (DLTR) in the best interests of shareholders. Dollar Tree says will open new stores for both chains. Expects to generate significant free cash flow, pay down debt. Sees compelling growth opportunities in discount retail space. Comments made on Dollar Tree's conference call discussing its merger agreement to acquire Family Dollar.
08:25 EDTDLTRFamily Dollar Stores volatility expected to move on Dollar Tree acquiring
Subscribe for More Information
08:07 EDTDLTRDollar Tree volatility expected to move on acquiring Family Dollar for $8.5B
Dollar Tree (DLTR) volatility is expected to move on acquiring Family Dollar Stores (FDO) for $74.50 per share. Overall option implied volatility of 21 is near its 26-week average of 22 according to Track Data, suggesting non-directional price movement.
07:12 EDTDLTRDollar Tree says CEO Bob Sasser to serve as CEO of combined company
Dollar Tree (DLTR) says Family Dollar (FDO) deal expected to be low to mid single digit percentage accretive to cash EPS in first financial year after close. Sees approximately $300M of annual run rate synergies to be achieved by third year post-closing. Says one time costs to achieve synergies of approximately $300M. Says Dollar Tree CEO Bob Sasser will serve as CEO of combined company. Says Family Dollar CEO Howard Levine to report to Sasser. Comments from slides that will be presented on Dollar Tree's conference call discussing its merger agreement to acquire Family Dollar.
06:43 EDTDLTRDollar Tree to host conference call
Subscribe for More Information
06:12 EDTDLTRDollar Tree to acquire Family Dollar for $74.50 per share in cash, stock
Subscribe for More Information
06:07 EDTDLTRDollar Tree to acquire Family Dollar for $74.50 per share in cash, stock
Subscribe for More Information
1 | 2 | all recent DLTR news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use