Jefferies Upgrades Dollar General (DG) and Family Dollar Stores (FDO) to Buy on Potential Merger Following Icahn 13D
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Dollar General (DG) Could Pay Up to $80/Sh for Family Dollar (FDO) - BofA/Merrill Lynch
June 10, 2014 8:59 AM EDTBofA/Merrill Lynch analyst Denise Chai moved her rating on Family Dollar Stores, Inc. (NYSE: FDO) to 'No Rating' on a potential takeover of the company following the disclosure after market on Friday that Icahn has taken a 9.4% stake and related speculation of a... More
Deutsche Bank Comments on Icahn's New Stake in Family Dollar Stores (FDO)
June 9, 2014 2:46 PM EDTDeutsche Bank maintained a Hold rating on Family Dollar Stores Inc. (NYSE: FDO) with a price target of $57. Analyst Paul Trussell commented on an activist stake in the company by investor Carl Icahn.
"FDO will likely trade near the high-end of its 52 wk range as Carl Icahn now has a 9.4% beneficial stake (1M shares owned - balance through call options) with plans to enhance shareholder... More
Family Dollar Stores, Inc. (FDO) Adopts 'Poison Pill' Provision
June 9, 2014 9:05 AM EDTFamily Dollar Stores, Inc. (NYSE: FDO) announced that its Board of Directors has adopted a one-year shareholder rights plan, details of which will be contained in a Form 8-K to be filed with the U.S. Securities and Exchange Commission. All of the... More
BofA/Merrill Lynch Positive on Dollar General (DG) on Deal with Coupons.com (COUP)
June 9, 2014 7:02 AM EDTBofA/Merrill Lynch analyst Denise Chai was out positive today on Dollar General (NYSE: DG). Not because of the Carl Icahn... More
Dollar General (DG), Dollar Tree (DLTR) on Watch on Icahn's Family Dollar (FDO) Filing
June 9, 2014 6:12 AM EDTDollar General (NYSE: DG) and Dollar Tree, Inc. (NASDAQ: DLTR) are on watch today following a disclosure from Carl Icahn on Friday that he has amassed a 9.4% stake in Family Dollar Stores, Inc. (NYSE: FDO) and may push the company to explore strategic alternatives.
... MoreCarl Icahn Shows New 9.4% Stake in Family Dollar Stores (FDO); Seeks Talks, Possible Strategic Alternatives
June 9, 2014 6:05 AM EDTIn a 13D filing after the close Friday on Family Dollar Stores, Inc. (NYSE: FDO), Carl Icahn disclosed a 9.4%, or 10,691,011 share, stake in the company. The firm did not hold shares at the end of the latest quarter ending March 31, 2014.
Icahn acquired their positions in the Shares in the belief that they were undervalued. Icahn see great long-term... More
