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Dollar General Commences Cash Tender Offer to Acquire Family Dollar At $80 Per Share

Dollar General Commences Cash Tender Offer to Acquire Family Dollar At $80 Per Share

September 10, 2014

GOODLETTSVILLE, Tenn. (BUSINESS WIRE), September 10, 2014 - Dollar General Corporation (NYSE: DG) today announced that it has commenced a tender offer to acquire all outstanding shares of Family Dollar Stores, Inc. (NYSE: FDO) for $80.00 per share in cash. The offer is scheduled to expire at 5:00 p.m., New York City time, on October 8, 2014, unless the offer is extended. The full terms, conditions and other details of the tender offer are set forth in the offering documents that Dollar General will file today with the Securities and Exchange Commission (“SEC”). Dollar General also will promptly file for clearance under the Hart-Scott-Rodino (“HSR”) Act, which will allow the Company to begin the antitrust approval process with the Federal Trade Commission (“FTC”).




Dollar General Responds to Family Dollar Rejection of Enhanced Offer

Dollar General Responds to Family Dollar Rejection of Enhanced Offer

September 05, 2014

GOODLETTSVILLE, Tenn. (BUSINESS WIRE), September 05, 2014 - In response to the decision by the Board of Directors of Family Dollar Stores, Inc. (NYSE: FDO) to reject Dollar General’s enhanced all-cash proposal to acquire all outstanding shares of Family Dollar for $80.00 per share, Dollar General Corporation (NYSE: DG) today stated that it remains committed to acquiring Family Dollar and is currently evaluating its next steps.




Dollar General Literacy Foundation Awards Nearly $4 Million to Approximately 825 Schools, Nonprofits and Literacy Organizations across the U.S.

Dollar General Literacy Foundation Awards Nearly $4 Million to Approximately 825 Schools, Nonprofits and Literacy Organizations across the U.S.

September 03, 2014

GOODLETTSVILLE, Tenn. (BUSINESS WIRE), September 03, 2014 - This morning, the Dollar General Literacy Foundation awarded nearly $4 million to approximately 825 schools, nonprofits and literacy organizations to enhance and support youth literacy and education across the United States.




Dollar General Enhances Proposal to Acquire Family Dollar

Dollar General Enhances Proposal to Acquire Family Dollar

September 02, 2014

GOODLETTSVILLE, Tenn. (BUSINESS WIRE), September 02, 2014 - Dollar General Corporation (NYSE:DG) today announced that it has sent an enhanced acquisition proposal to the Board of Directors of Family Dollar Stores, Inc. (NYSE: FDO). Under the terms of the revised proposal, Dollar General would increase its all-cash proposal for all outstanding shares of Family Dollar to $80.00 per share. To provide even greater certainty of consummation to the Family Dollar Board, Dollar General also increased the number of stores that it would be willing to agree to divest to 1,500 if ordered by the Federal Trade Commission (“FTC”) and, as further evidence of its confidence in its ability to obtain antitrust approval, has agreed to pay a $500 million reverse break-up fee to Family Dollar relating to antitrust matters. All other terms and conditions of the proposal remain unchanged.




Dollar General Corporation Reports Second Quarter 2014 Financial Results

Dollar General Corporation Reports Second Quarter 2014 Financial Results

August 28, 2014

GOODLETTSVILLE, Tenn. (BUSINESS WIRE), August 28, 2014 - Dollar General Corporation (NYSE: DG) today reported financial results for its fiscal 2014 second quarter (13 weeks) ended August 1, 2014.




Matt Kenseth’s Race Against Bullying Children’s Book Debuts at Dollar General on National Youth Literacy Day

Matt Kenseth’s Race Against Bullying Children’s Book Debuts at Dollar General on National Youth Literacy Day

August 26, 2014

HUNTERSVILLE, N.C. (BUSINESS WIRE), August 26, 2014 - Today on National Youth Literacy Day, Matt Kenseth debuted Matt Kenseth’s Race Against Bullying, his first children’s book aimed at educating and empowering children to make good choices if faced with bullying situations. Kenseth, a two-time Daytona 500 Champion and the NASCAR Sprint Cup series driver of the No. 20 Dollar General Toyota Camry, released the book with his wife Katie at Joe Gibbs Racing headquarters.




Dollar General Reaffirms Commitment to Acquisition of Family Dollar

Dollar General Reaffirms Commitment to Acquisition of Family Dollar

August 21, 2014

GOODLETTSVILLE, Tenn. (BUSINESS WIRE), August 21, 2014 - Dollar General Corporation (NYSE: DG) today announced the following statement regarding its proposed acquisition of Family Dollar Stores, Inc. (NYSE: FDO) following Family Dollar’s rejection of the proposal.




Dollar General Sends Letter to Family Dollar’s Board of Directors

Dollar General Sends Letter to Family Dollar’s Board of Directors

August 20, 2014

GOODLETTSVILLE, Tenn. (BUSINESS WIRE), August 20, 2014 - Dollar General Corporation (NYSE: DG) today announced it has sent the following letter to the Board of Directors of Family Dollar Stores, Inc. (NYSE: FDO)




Dollar General Makes Proposal to Acquire Family Dollar for $78.50 Per Share

Dollar General Makes Proposal to Acquire Family Dollar for $78.50 Per Share

August 18, 2014

GOODLETTSVILLE, Tenn. (BUSINESS WIRE), August 18, 2014 - Dollar General (NYSE: DG) today announced it has made a proposal to acquire Family Dollar Stores, Inc. (NYSE: FDO) for $78.50 per share in cash, in a transaction valued at $9.7 billion. The proposal was conveyed this morning in a letter to Family Dollar’s Board of Directors. This transaction would deliver increased consideration and immediate liquidity to Family Dollar’s shareholders and represents a compelling opportunity to create value for Dollar General shareholders. The combination would solidify Dollar General’s position as the largest small-box discount retailer in the U.S. with nearly 20,000 stores in 46 states and sales of over $28 billion.




Dollar General Expands Its Board of Directors

Dollar General Expands Its Board of Directors

August 13, 2014

GOODLETTSVILLE, Tenn. (BUSINESS WIRE), August 13, 2014 - Dollar General Corporation (NYSE: DG) today announced the appointment of Paula A. Price, Senior Lecturer at Harvard Business School, to its board of directors effective August 26, 2014.





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