Dollar General, a chain of variety stores headquartered in Goodlettsville, operating over 10,000 stores has made a proposal to acquire Family Dollar Stores, Inc. for US $ 78.50 per share in cash, in a transaction valued at US $ 9.7 billion. This transaction would deliver increased consideration and immediate liquidity to Family Dollar’s and represents a compelling opportunity to create value for Dollar General shareholders. The combination would solidify Dollar General’s position as the largest small-box discount retailer in the US with nearly 20,000 stores in 46 states and sales of over US $ 28 billion.
