Dollar tree agrees to buy family dollar

Discussion in 'Current Events' started by John stromer, Jul 28, 2014.

  1. John stromer

    John stromer New Member

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    http://www.bloomberg.com/news/2014-...s-to-buy-family-dollar-for-74-50-a-share.html
    Do you think this will work out in the long run?

    Dollar Tree Inc. (DLTR) agreed to buy Family Dollar Stores Inc. (FDO) for about $8.5 billion, creating a sprawling discount chain with $18 billion in sales and more locations than any other retailer in the U.S.

    Dollar Tree will pay $74.50 a share in cash and stock, 23 percent above Family Dollar’s closing price at the end of last week, according to a statement from the companies today. Including debt, the deal has a value of about $9.2 billion.
     
  2. Sanskrit

    Sanskrit Well-Known Member

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    Brick and mortar retail, so hard to figure today. No idea what will happen with that. I wouldn't want to be in charge of post-merger integration, that's for sure.
     

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