-
Dollar General digs in as Family Dollar rebuffs takeover bid
New York -- Family Dollar said it favors a smaller deal with potential buyer Dollar Tree, and firmly rejected an offer for takeover by larger competitor Dollar General.
Following an $8.5 billion offer last week by Dollar Tree, Dollar General offered a $9 billion, all-cash deal.
-
UPS confirms malware breach at 51 stores
New York -- UPS Stores, a subsidiary of United Parcel Service, said that a security breach may have led to the theft of customer credit and debit data at 51 UPS stores in the United States.
In a statement, the company said that customers who had used their debit or credit cards at affected locations (which are listed on the UPS site) from Jan. 20 to Aug. 11 may have been exposed to the malware. However, the company noted, exposure began after March 26 in most cases.
The malware was eliminated as of Aug. 11, UPS said.