Family Dollar Stores Inc.’s (NYSE:FDO) board continues to support the company’s proposed $8.5 billion merger with Dollar Tree Inc. (NASDAQ:DLTR), according to a U.S. Securities and Exchange Commission filing Tuesday.
The Matthews-based discount retailer’s board met Monday to consider an update from Dollar General Corp. (NYSE:DG) related to its hostile takeover bid.
Read: Source: Dollar General waving the white flag in battle for Family Dollar
Family Dollar’s board unanimously reaffirmed its recommendation…
