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>> PAYPAL Latest News

JUN 20, 2014 - Business Insider

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The Battle Between Carl Icahn and Family Dollar Is Officially On (FDO)

Carl Icahn last night demanded Family Dollar be put up for sale "immediately."  Family Dollar's response: Thanks, but we've got this. After Icahn initially reported his stake in the discount retailer, Family Dollar adopted a "poison pill" provision, which prevents any one shareholder from acquiring more than 10% of the company.  Now, Family Dollar is going to have to try harder to ward off Icahn. In a statement following Icahn's letter, Family Dollar said the company's board and management is, "committed to acting in the best interest of the company and our shareholders."  ... Read More

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