Dollar General extends offer to acquire Family Dollar

Dollar General Corp., Goodlettsville, Tenn., said it extended its tender offer to acquire all outstanding shares of Family Dollar Stores Inc., Matthews, N.C., for $80 per share in cash (including associated preferred share purchase rights) to Oct. 31 at 5 p.m. EST, unless further extended. The tender offer previously was set to expire at 5 p.m. EST on Oct. 8. All other terms and conditions of the tender offer remain unchanged.

As of 5 p.m. EST on Sept. 30, 126,499 shares of Family Dollar common stock have been validly tendered into — and not withdrawn from — the tender offer, Dollar General stated.