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Friday, December 19, 2014

Family Dollar to delay shareholder vote on Dollar Tree deal - CNBC, (NASDAQ: DLTR)

Family Dollar Inc will delay a shareholder vote on the potential acquisition by Dollar Tree Inc , CNBC said, citing sources.Family Dollar will start the shareholder meeting and then adjourn it, CNBC said. ( Family Dollar spokesman said the special shareholder meeting to vote on the Dollar Tree deal remains scheduled for Dec. 23.The company had earlier set the meeting for Dec. 11, but postponed it to Dec. 23.

Dollar Tree, Inc. (Dollar Tree) is an operator of discount variety stores offering merchandise at the fixed price. Shares of DLTR fell by 1.03% or $-0.71/share to $68.40. In the past year, the shares have traded as low as $49.59 and as high as $69.65. On average, 2419840 shares of DLTR exchange hands on a given day and today's volume is recorded at 906654.