Family Dollar Rejects Dollar General Bid

Family Dollar Rejects Dollar General Bid

Family Dollar says it's sticking with an agreement to merge with Dollar Tree for less money.
Family Dollar has rejected a nearly $10-billion buyout bid from Dollar General.

Family Dollar says it's sticking with an agreement to merge with Dollar Tree for less money.

Family Dollar released a statment saying, "it was rejected "on the basis of antitrust regulatory considerations."

All three of the chains specialize in low-cost consumers goods.

Dollar General calls itself the largest discount retailer in the U.S., with more than 11,000 stores in 40 states.
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