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Family Dollar delays vote on Dollar Tree bid
Family Dollar delayed a shareholder vote on a potential acquisition by Dollar Tree until Jan. 22 in a move that allows more time to contemplate a rival bid from Dollar General.
Family Dollar convened as planned on Tuesday and, based on insufficient votes, subsequently adjourned its Special Meeting of Stockholders on the proposed transaction with Dollar Tree.
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Office Depot gets contracts valued at $400M
Office Depot has been awarded two contracts valued in excess of $400 million.
The retailer will be partnering with Region 4 Education Service Center and TCPN, which offers cooperative contract solutions to K-12 schools, local governments, colleges and universities. The new agreements with Office Depot include office and school supplies, furniture, technology products and copy and print services provided at significant discounts and savings to eligible public agency customers.
