Icahn Exits Stake In Family Dollar
Billionaire investor Carl Icahn has sold his entire stake in Family Dollar Stores, making a profit of about $200 million on the investment, according to sources familiar with the matter on Wednesday. Dollar Tree agreed in July to buy Family Dollar for $8.5 billion. Since then, however, the deep-discount retailer has drawn competing interest from Dollar General Corp , which has bid $9.1 billion for its smaller rival.
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