Family Dollar Shareholder Alert - Buyout Of Family Dollar Stores Inc. - National Securities Law Firm Seeks Higher Price For Shareholders

NEW YORK, July 28, 2014 /PRNewswire/ -- Tripp Levy PLLC, a leading national securities and shareholder rights law firm, has announced that it is investigating the acquisition of Family Dollar Stores, Inc. (NYSE: FDO) ("Family Dollar" or the "Company") on behalf of shareholders.  Dollar Tree, Inc. and Family Dollar announced that they have entered into a definitive merger agreement under which Dollar Tree will acquire Family Dollar in a cash and stock transaction.  Family Dollar shareholders will receive $59.60 in cash and $14.90 equivalent in Dollar Tree shares for a total value consideration of $74.50 per share.  Family Tree shareholders will own anywhere from 12.7% to 15.1% of the outstanding stock of Dollar Tree.

The investigation concerns whether the senior management and board of directors of Family Dollar engaged in a full and fair auction and process to insure that shareholders received the maximum value for their shares, whether the implied price of $74.50 is unfairly low, and whether the management of Family Dollar received any benefits for their own self interests that are not also being shared with other shareholders of Family Dollar, including Chairman and CEO Howard Levine who agreed to vote his shares in favor of the transaction.  Indeed, analysts have projected that the true going forward inherent value of Family Dollar is worth at least $79 per share and the stock hit a high this past year of $75.29 per share.

If you are a shareholder of Family Dollar and would like additional information as to how the acquisition may affect your rights as a shareholder, please call us at no cost at:

Tripp Levy PLLC

New York, New York

Toll free: 800-511-7037
International: 602-241-2841
Email: [email protected] 
www.tripplevy.com

Tripp Levy PLLC represents individual and institutional shareholders and, along with its affiliates, has recovered billions of dollars for shareholders in similar actions around the globe. Tripp Levy PLLC is affiliated with the law firm Milberg LLP. Attorney advertising.  Prior results do not indicate a similar outcome.

SOURCE Tripp Levy PLLC

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