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Stock Market & Financial Investment News

News Breaks
June 6, 2014
17:03 EDTFDOIcahn reports 9.39% stake in Family Dollar
Icahn acquired the position in the shares in the belief that they were undervalued. Icahn sees great long-term potential in the companyís industry and believes its current situation is analogous to that recently faced by companies such as CVR Energy, Forest Laboratories, Chesapeake Energy and Biogen, as well as a number of other companies over the last two decades, where Icahnís involvement helped to generate tremendous returns for all shareholders. Icahn intends to seek conversations with members of the company's senior management and board of directors to discuss their business and strategies to enhance shareholder value, which may include the pursuit of operating initiatives or the exploration of strategic alternatives. Icahn may also determine to seek shareholder board representation if appropriate.
News For FDO From The Last 14 Days
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December 19, 2014
09:44 EDTFDOFamily Dollar to delay shareholder vote on Dollar Tree deal, CNBC says
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09:06 EDTFDODollar General says actively engaged with FTC on proposed Family Dollar deal
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December 16, 2014
09:18 EDTFDODollar General likely to win Family Dollar takeover war, says Sterne Agee
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07:09 EDTFDODollar General price target raised to $86 from $73 at Deutsche Bank
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December 15, 2014
06:10 EDTFDOFamily Dollar 'likely' to postpone investor vote on Dollar Tree deal, NYP says
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December 11, 2014
16:59 EDTFDOElliott Associates reports 6.8% stake in Family Dollar
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December 10, 2014
06:16 EDTFDODollar General initiated with a Buy at Citigroup
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