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Stock Market & Financial Investment News

News Breaks
June 7, 2014
15:54 EDTFDOFamily Dollar says welcomes input toward the goal of 'enhancing value'
Family Dollar Stores noted that Icahn Capital LP has filed a Schedule 13D with the SEC reporting that it has acquired beneficial ownership of approximately 9.4% of Family Dollarís common stock. The company issued the following statement: "The Family Dollar Board of Directors and management team are open to dialogue with all shareholders and welcome input toward the shared goal of enhancing value. As previously announced, we are taking steps to strengthen our value proposition, increase operational efficiencies and improve financial performance. We are committed to driving value for all Family Dollar shareholders and will continue to take actions to achieve this important objective."
News For FDO From The Last 14 Days
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November 21, 2014
07:43 EDTFDODollar Tree price target raised to $74 from $68 at UBS
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November 20, 2014
09:30 EDTFDODollar Tree says working to close Family Dollar deal 'as soon as possible'
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November 19, 2014
15:15 EDTFDODollar General affirms commitment to Family Dollar deal, says FTC review ongoing
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15:14 EDTFDODollar General says actively engaged in ongoing FTC review process for deal
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15:13 EDTFDODollar General affirms commitment to Family Dollar acquisition
08:31 EDTFDOFamily Dollar reschedules special meeting of shareholders to December 23
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06:39 EDTFDODollar General may have to sell over 4K stores for deal approval, NY Post says
The Federal Trade Commission may require Dollar General (DG) to sell more than 4,000 of its stores to gain approval of its deal to buy Family Dollar (FDO), according to The New York Post. Dollar General had previously said that it was willing to sell 1,500 of its stores to facilitate the deal, the newspaper stated. Reference Link
November 14, 2014
17:27 EDTFDOPaulson & Co. gives quarterly update on stakes
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November 12, 2014
07:04 EDTFDOFamily Dollar reaffirms recommendation to merge with Dollar Tree
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