Dollar Tree, Family Dollar Pair off in Mega-Deal: MergerTalk
Carl Icahn's agitating has paid off for him, once again, and after his efforts it appears that his persistence has paid off
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.
