Dollar General Corp. (DG) is weighing a bid for Family Dollar Stores Inc. (FDO), potentially challenging Dollar Tree Inc.'s (DLTR) $8.5 billion bid for Family Dollar, Bloomberg News reported Tuesday on its website, citing people with knowledge of the matter.
Dollar General is evaluating its options and has retained an unidentified adviser in the effort, but has not made an approach to Family Dollar, the people told Bloomberg.
Full story at: www.bloomberg.com/news/2014-08-05/dollar-general-said-to-explore-family-dollar-bid-with-adviser.html
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(END) Dow Jones Newswires
August 05, 2014 12:30 ET (16:30 GMT)
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