© 2024 Kansas City Public Radio
NPR in Kansas City
Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations

Big Money On The Line In Dollar Stores' Merger Attempts

STEVE INSKEEP, HOST:

NPR's Business News starts with a possible hostile takeover. The extreme discount retailer Dollar General has been courting its competitor Family Dollar. It wants to buy the rival company - presumably for more than a dollar. But Family Dollar has rejected numerous offers. They've agreed to sell to a different saving store, Dollar Tree. Now it's being widely reported that Dollar General is planning a hostile bid to disrupt that deal. They will apparently take a $9-billion offer directly to Family Dollar's shareholders. At the very least, that could delay the deal with Dollar Tree. Transcript provided by NPR, Copyright NPR.

KCUR serves the Kansas City region with breaking news and award-winning podcasts.
Your donation helps keep nonprofit journalism free and available for everyone.