Dollar Tree and Family Dollar

Family Dollar: Stockholders of Family Dollar Stores will receive $59.60 in cash and the equivalent of $14.90 in shares of Dollar Tree for each share they own. The companies put the value of the transaction at $74.50 per share, which is an approximately 23% premium to Family Dollar Friday closing price of $60.66, according to The Guardian. Core customers for bargain stores and major retailers like Walmart have been among the hardest hit by the recession and its aftermath because of job instability and Dollar Tree is buying rival discount store Family Dollar in a cash-and-stock deal valued at about $8.5bn. Family Dollar stockholders will own somewhere between 12.7% and 15.1% of Dollar Tree outstanding common shares at closing. (news.financializer.com). As reported in the news.

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