The securities litigation law firm of Brower Piven, A Professional Corporation, has commenced an investigation into possible breaches of fiduciary duty and other violations of state law by the Board of Directors of Family Dollar Stores Inc. (“Family Dollar” or the “Company”) (NYSE: FDO) relating to the proposed buyout of the Company by Dollar Tree, Inc. (“Dollar Tree”).

On July 28, 2014, Dollar Tree announced that it has entered into an agreement to acquire Family Dollar in a merger valued at approximately $8.5 billion. Under the terms of the transaction, Family Dollar shareholders will receive $59.60 in cash and the equivalent of $14.90 in Dollar Tree shares for each share of Family Dollar common stock they own. Family Dollar shareholders will own between 12.7% and 15.1% of Dollar Tree’s outstanding common stock, and certain insiders who collectively own 16% of Family Dollar’s outstanding stock have already agreed to tender their shares. According to Yahoo! Finance, at least one analyst has issued a price target for Family Dollar stock at $79.00 per share.

The firm’s investigation seeks to determine, among other things, whether the Company’s Board of Directors breached their fiduciary duties by failing to maximize shareholder value before agreeing to enter into the transaction, and whether Dollar Tree is underpaying for Family Dollar shares.

If you currently own common stock of Family Dollar and would like to learn more about the investigation being conducted by Brower Piven, without cost or obligation to you, please visit our website at You may also request more information by contacting Brower Piven either by email at or by telephone at (410) 415-6616.

Attorneys at Brower Piven have extensive experience in litigating securities and other class action cases and have been advocating for the rights of shareholders since the 1980s.

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