A New York hedge fund manager has presented Matthews-based Family Dollar Stores with an unsolicited buyout offer. Train Group is offering to buy the company for $55 to $60 a share. Family Dollar said it “will review the proposal in ...

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Matthews-based Family Dollar Stores said today that is has priced $300 million of senior unsecured notes due in 2021 with a 5 percent coupon. The offering marks the first time the company has accessed public debt markets, the company said. FDS plans ...

Tagged with: Family Dollar Stores

Matthews-based Family Dollar Stores said it is recalling remote-controlled toy tanks that can overheat and melt, posing a burn hazard. There are about 67,000 of the Authentic Heroes Target Practice Tank play sets. The company said it has received five reports of the ...

Tagged with: Family Dollar Stores

Family Dollar Stores said Wednesday it had net income of $74.3 million, or 58 cents per diluted share, in the first quarter of fiscal 2011, an increase of 9.9 percent from net income of $67.6 million, or 49 cents per diluted share, for ...

Tagged with: Family Dollar Stores