Dollar General (DG) Makes $78.50/Share Bid for Family Dollar (FDO)

Dollar General (DG) Price Target Raised to $73 at Deutsche Bank

Deutsche Bank maintained a Buy rating on Dollar General (NYSE: DG) and increased its price target of $73.00 (from $69.00). The stock was upgraded yesterday, but analyst Paul Trussell now sees more upside.

"Yesterday, we upgraded shares of DG to Buy on the high... More

Dollar General (DG)/Family Dollar Stores (FDO) More Logical and Synergistic, Jefferies Says

Jefferies analyst Daniel Binder reiterated a Buy rating and $75 price target on Dollar General (NYSE: DG) following the company's $78.50/share takeover offer for Family Dollar Stores (NYSE: FDO).

Binder comments, "We believe a DG/FDO combination is... More

Wal-Mart Stores (WMT) Unlikely to Bid on Family Dollar (FDO) - Bloomberg

Wal-Mart Stores (NYSE: WMT) conducted an internal review of a potential Family Dollar Stores (NYSE: FDO) takeover, but it's unlikely to make a bid, said Bloomberg, citing sources.

Family Dollar (FDO) Affirms Receipt of Unsolicited Bid from Dollar General (DG)

Family Dollar Stores (NYSE: FDO) confirmed that it has received a non-binding, unsolicited proposal from Dollar General (NYSE: DG) to acquire all of the outstanding common shares of Family Dollar for $78.50 per share in cash, contingent on due diligence and regulatory approval.

Consistent with its fiduciary duties,... More

Dollar General (DG) Bullish Stance Reiterated at BofA/Merrill Lynch on FDO Bid; PT Raised to $73

BofA/Merrill Lynch analyst Denise Chai 'firmly' reiterated a Buy rating and lifted her price target on Dollar General (NYSE: DG) to $73.00 (from $66.00) amid the proposal to acquire Family Dollar (NYSE: FDO) for $78.50. The analyst views a deal... More

BofA/Merrill Lynch Upgrades Dollar Tree (DLTR) to Buy; Counter Bid Unlikey

BofA/Merrill Lynch upgraded Dollar Tree (NASDAQ: DLTR) from Neutral to Buy with a price target of $71.00 after Dollar General (NYSE: DG) has offered to acquire Family Dollar (NYSE: FDO) for $78.50, topping... More

Credit Suisse Upgrades Dollar General (DG) to Outperform

Credit Suisse upgraded Dollar General (NYSE: DG) from Neutral to Outperform.

For an analyst ratings summary and ratings history on Dollar General click here. For more ratings news on Dollar General click here.

Shares of Dollar General closed at $57.46 yesterday.

Deutsche Bank Upgrades Dollar General (DG) to Buy

Deutsche Bank upgraded Dollar General (NYSE: DG) from Hold to Buy with a price target of $69.00 (from $60.00). The change follows it bid earlier for Family Dollar Stores (NYSE: FDO).

Analyst Paul Trussell said, "While the drama continues to unfold in the dollar store space and the deal announced this morning is not guaranteed to close, we believe the probability is high that DG is eventually successful acquiring FDO given the... More

Sterne Agee Upgrades Dollar General (DG) to Buy

Sterne Agee upgraded Dollar General (NYSE: DG) from Neutral to Buy.

For an analyst ratings summary and ratings history on Dollar General click here. For more ratings news on Dollar General click here.

Shares of Dollar General closed at $57.46 yesterday.

Dollar General (DG) was 'Very Surprised' by the Dollar Tree/Family Dollar Deal

On its call, Dollar General (NYSE: DG) said it was 'very surprised' by the Dollar Tree (NASDAQ: DLTR) deal for Family Dollar Stores (NYSE: FDO).