|
 Dollar General, which is vying with rival Dollar Tree <DLTR.O> to
buy Family Dollar, also received a second request from the FTC under
U.S. anti-trust regulations, Family Dollar said.
The requests will effectively extend the waiting period imposed
under the anti-trust act to 30 days after the companies provide the
information the FTC has asked for.
Family Dollar said it would comply with the FTC's request.
In August, Family Dollar rejected a $9 billion buyout offer from
Dollar General, opting instead for a smaller cash-and-stock bid of
$8.5 billion by Dollar Tree.
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The company also spurned Dollar General's sweetened $9.1 billion
offer last month, citing anti-trust concerns, prompting Dollar
General to directly approach the shareholders of its smaller rival.
(Reporting By Yashaswini Swamynathan in Bangalore; Editing by Simon
Jennings)
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