The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Wednesday:** Dollar General Corp took its $9.1 billion offer for Family Dollar Stores Inc hostile, directly approaching the shareholders of its smaller rival after being spurned twice by the company.
Dollar General Corporation is a discount retailer in the United States by number of stores, with 9,961 stores located in 39 states as of March 2, 2012, primarily in the southern, southwestern, midwestern and eastern United States. Shares of DG fell by 0.19% or $-0.12/share to $63.30. In the past year, the shares have traded as low as $53.00 and as high as $65.99. On average, 6431910 shares of DG exchange hands on a given day and today's volume is recorded at 79253.
Family Dollar Stores, Inc. (Family Dollar) operates a chain of more than 7,900 general merchandise retail discount stores in 46 states, providing consumers with a selection of merchandise in neighborhood stores. Shares of FDO fell by 0.27% or $-0.215/share to $78.48. In the past year, the shares have traded as low as $55.64 and as high as $80.97. On average, 3011750 shares of FDO exchange hands on a given day and today's volume is recorded at 164857.
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