Family Dollar Issues Open Letter to Stockholders

MATTHEWS, N.C.--(BUSINESS WIRE)--Family Dollar Stores, Inc. (NYSE:FDO), a leading national discount retailer offering name brands and quality, private brand merchandise, has published a letter from CEO Howard Levine to the stockholders of Family Dollar that explains the recommendation of the Board of Directors that stockholders vote ‘FOR’ the merger with Dollar Tree (NASDAQ:DLTR). The letter provides transparency on new feedback from the Federal Trade Commission (“FTC”) staff about both the Dollar General proposal and the Dollar Tree merger and details on a recent letter from the CEO of Dollar Tree, and updates the compelling rationale for, and the substantial and certain value Family Dollar stockholders will receive from, the Dollar Tree merger.