Family Dollar Confirms Receipt of Unsolicited Proposal from Dollar General

MATTHEWS, N.C.--(BUSINESS WIRE)--Family Dollar Stores, Inc. (NYSE: FDO), a leading national discount retailer offering name brands and quality, private brand merchandise, today confirmed that it has received a non-binding, unsolicited proposal from Dollar General (NYSE: DG) to acquire all of the outstanding common shares of Family Dollar for $78.50 per share in cash, contingent on due diligence and regulatory approval.