Family Dollar Stores Inc (FDO.N)
|Market Cap (Mil.):||$6,880.28|
|Shares Outstanding (Mil.):||113.95|
July 10 - Discount retailer Family Dollar Stores Inc, under pressure from activist investor Carl Icahn to sell itself, said its profit fell by a third as the company cleared inventory ahead of planned store closures and competition intensified.
July 10 - Discount retailer Family Dollar Stores Inc's quarterly profit fell by a third as the company resorted to discounts to clear inventory and competition intensified.
June 27 - Dollar General Corp said CEO Rick Dreiling will retire next year, throwing into doubt a proposal by Carl Icahn to merge the discount retailer with Family Dollar Stores Inc.
- Activist investor Carl Icahn asked struggling retailer Family Dollar Stores Inc to put itself up for sale immediately, threatening a proxy war to replace the company's entire board if a sale process was not started.
* Says will start proxy war to replace the company's board
June 19 - Activist investor Carl Icahn said in a letter to Family Dollar Stores Inc that the company be put up for sale immediately, according to a regulatory filing.
REUTERS - Billionaire shareholder activist Carl Icahn told Reuters on Monday that the Family Dollar Stores Inc poison pill is a "quintessential example" of attorneys "simply earning fees."
(Updates Tyson Foods, Lloyds Banking, Family Dollar; adds all items below Family Dollar)
- Family Dollar Stores Inc adopted a poison pill to buy time to consider any possible deal that activist investor Carl Icahn could push for after becoming its largest shareholder.
June 9 - Family Dollar Stores Inc adopted a poison pill to buy time to consider any possible deal that activist investor Carl Icahn could push for after becoming its largest shareholder.
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