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Family Dollar (FDO) Stock Surges on Pricey Takeover Deal

Shares of Family Dollar soared on Monday making it TheStreet's Move of the Day. The discount retailer surged after accepting a takeover bid from Dollar Tree worth $8.5 billion, or about $74.50 a share, in cash and stock, which was about a 22% premium

http://www.wgrz.com/video/3701784085001/1/Family-Dollar-FDO-Stock-Surges-on-Pricey-Takeover-Deal http://cdn.newslook.com/b6/b695e137761c68df32ecf6d6b6c841d4/images/frame_ext.jpg Family Dollar (FDO) Stock Surges on Pricey Takeover Deal Shares of Family Dollar soared on Monday making it TheStreet's Move of the Day. The discount retailer surged after accepting a takeover bid from Dollar Tree worth $8.5 billion, or about $74.50 a share, in cash and stock, which was about a 22% premium theStreet.comTSCMFamily Dollar IncincFinancedollar treeHoward LevineyoutubeYahoo!newslookFALDL 00:55

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