Dollar General Offers Bid to Buy Family Dollar

By: CNN
By: CNN

It's a bidding war among dollar stores.

Dollar General has made an all-cash bid for Family Dollar. The $10 billion dollar bid breaks down to about $78.50 per share.

That tops out Dollar Tree's $8.5 billion offer last month.

Dollar General has more than 11,000 stores in 40 states.


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