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PORTLAND, Ore. — Discount retailer Family Dollar Stores Inc. on Tuesday received a bid from activist investor Nelson Peltz’s firm to take the company private in a deal worth up to $7 billion.
The Trian Fund is offering $55 to $60 per share for Family Dollar, according to a filing with the Securities and Exchange Commission. Shares of Family Dollar soared 25 percent, or $11.19, to $55.15 in extended trading Tuesday after the filing was made.
