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Family Dollar Statement on Dollar General Unsolicited Conditional Tender Offer

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 Dollar General Corporation (NYSE: DG) has commenced an unsolicited conditional tender offer to acquire all of the outstanding common stock of Family Dollar for $80.00 per share in cash. The terms of the tender offer are the same as those in the proposal made by Dollar General on September 2, 2014, which the board of directors of Family Dollar rejected unanimously on September 5, 2014 on the basis of antitrust regulatory considerations.