In the wake of a the disclosure of a sizable investment by activist investor Carl Icahn, Family Dollar Stores on Monday said it has adopted a shareholder rights plan. The so-called “poison pill” would be triggered when a shareholder accumulates more than 10% of the company’s outstanding stock, forcing investors who would acquire more than 10% pay a significant premium. Icahn on Friday said he and associated funds had acquired 9.4% of Family Dollar’s outstanding stock ...
REGISTER TO VIEW THIS ARTICLE - Register for a Free Account
Why Register for FREE?
Registering for content on Supermarket News will give you INSTANT access to invaluable articles and media content that industry professionals rely on. You will have access to our special reports, feature articles, and industry analysis. It’s FREE, easy and quick. What are you waiting for! In addition you will also receive complimentary access to the SN salary survey data tables.
Attention Paid Print Subscribers: While you have already been granted free access to SN we ask that you register now. We promise it will only take a few minutes! Or visit your profile and add your print magazine account number and zip code.