After multiple, unsolicited bids from Dollar General, Family Dollar shareholders have agreed to a Dollar Tree takeover.
Investors holding 74 percent of Family Dollar's outstanding shares approved the $8.5 billion takeover bid. The takeover still needs approval from the Federal Trade Commission, and that approval could happen as soon as March.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
The potential impact of Trump tariffs for the UKUK goods exports to the US could be hit with tariffs of up to 20% seriously affecting the British economy
-
Shoot to Kill: Terror on the Tube – a 'raw' and 'riveting' docuseriesThe Week Recommends Channel 4's 'gripping' two-part show explores the Metropolitan police killing of an innocent man in the aftermath of 7/7
-
'Salute to those who served'Today's Newspapers A roundup of the headlines from the US front pages
-
Boeing machinists approve contract, end strikeSpeed Read The company's largest union approved the new contract offer, ending a seven-week strike
-
US economy still strong in final preelection reportSpeed Read It grew at a solid 2.8% annual rate from July through September
-
Boeing machinists reject deal, continue strikeSpeed Read The rejection came the same day Boeing reported a $6.2 billion quarterly loss
-
Ports reopen after dockworkers halt strikeSpeed Read The 36 ports that closed this week, from Maine to Texas, will start reopening today
-
Empty-nest boomers aren't selling their big homesSpeed Read Most Americans 60 and older do not intend to move, according to a recent survey
-
Brazil accuses Musk of 'disinformation campaign'Speed Read A Brazilian Supreme Court judge has opened an inquiry into Elon Musk and X
-
Disney board fends off Peltz infiltration bidSpeed Read Disney CEO Bob Iger has defeated activist investor Nelson Peltz in a contentious proxy battle
-
Disney and DeSantis reach detenteSpeed Read The Florida governor and Disney settle a yearslong litigation over control of the tourism district
