Icahn Statement Concerning Dollar General’s Bid for Family Dollar
Rick Dreiling, CEO of Dollar General, made the following statement today during a conference call following his proposal to acquire Family Dollar.
“I will be honest with you. We have expressed interest in a combination with Family Dollar multiple times over the last few years. Suffice it to say,for someone who was supposedly involved in a process, we were very surprised by Family Dollar’s announcement with Dollar Tree. Ideally, one step further, if I thought this asset was in play, I probably wouldn’t have asked — announced my retirement.”
I’m also surprised.read more...