Walmart the Wildcard in Three-way Takeover Battle for Family Dollar

A hostile takeover bid is brewing in the on-going battle of the dollar stores. After being rejected twice for its bid for Family Dollar Stores (FDO), Dollar General (DG) is taking its offer straight to the shareholders. Richard Collings is a Senior Writer for The Deal who has been following this story. Collings says Family Dollar is staying on track to be bought by its other rival Dollar Tree (DLTR). The talks are getting more unfriendly as Dollar General implies Family Dollar's CEO Howard Levine is looking out for himself and his potential management role in the merged company as a reason for supporting a deal with Dollar Tree. Find out why Walmart (WMT) may be the wildcard in as this three-way takeover battle.