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Judge clears way for Tuesday vote by Family Dollar shareholders
New York - A Delaware judge has denied a request to block Tuesday's vote by Family Dollar Stores on a $8.5 billion take-over bid by Dollar Tree, saying dissident shareholders "failed to demonstrate a reasonable probability of success on any of their claims." A shareholder lawsuit had requested a preliminary injunction against the vote until Family Dollar “properly engaged” in talks with rival Dollar General to “achieve a value-maximizing transaction.” -
Dollar General and Dollar Tree trade barbs over Family Dollar
Goodlettsville, Tenn. — Dollar General Corp. and Dollar Tree engaged in a verbal war on Friday as they both seek to acquire Family Dollar. In a news release, Dollar Tree said Dollar General's bid "may ultimately fail" because the Federal Trade Commission may require it to sell more than the 1,500 stores the retailer has said it is willing to let go of.

