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Dollar Tree, Family Dollar Pair off in Mega-Deal: MergerTalk

7/28/14 10:22 AM EDT
Carl Icahn's agitating has paid off for him, once again. Icahn pushed the board of Family Dollar to weigh a sale, and after his efforts, his deal paid off: the company will take on a massive premium of more than 20% selling to Dollar Tree. However, Family Dollar isn't so eager to credit Icahn for their big exit: he was shut out of the companies' joint statement on the deal and Family Dollar is insisting they've been working on a transaction since winter. Either way, it's a big win for investors who followed Icahn on his bet, and it's the subject of MergerTalk this morning at TheStreet.
Stocks in this video: FDODLTR
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