Deals
Dollar General Ponders Next Step After Family Dollar Snub
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Dollar General Corp., spurned twice in its attempt to acquire Family Dollar Stores Inc., is now plotting its next move.
The company said yesterday that it remains committed to its $9.1 billion cash offer for Family Dollar and is working with financial adviser Goldman Sachs Group Inc. as it ponders its options. Earlier in the day, Family Dollar rejected the $80-a-share proposal, saying it would be harder to get past antitrust regulators than a lower offer from Dollar Tree Inc.