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Reports indicate that Nelson Peltz's Trian Fund Management is in talks to take Family Dollar Stores
FDO private for between $55.00 and $60.00 per share.
Peltz already owns a significant stake in the company.
In the after hours trading session, FDO shares have jumped 32% to $57.99.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Posted In: NewsHedge FundsM&AIntraday UpdateAfter-Hours CenterMoversGeneralNelson PeltzTrian Fund Management
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