Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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Dollar General (NYSE: DG) announced Monday it has offered to acquire Family Dollar Stores (NYSE: FDO) for $78.50 per share in cash, for transaction value of $9.7 billion. Dollar Tree (NASDAQ: DLTR) offered $74.50 per share in cash and stock for Family Dollar on July 28, 2014.Family Dollar confirmed receipt of the non-binding, unsolicited proposal from Dollar General. The company will consult with its legal and financial advisors, and will carefully review and consider the proposal.Family closed at $79.81 Monday, a gain of 5%. Dollar General share rose 11.5%, to close at $64.14. Dollar Tree shares fell 2.5% to close at $54.26.
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Blue Harbour Group reported Monday that It owns about 9.1 million shares (6.4%) of Rackspace Hosting (NYSE: RAX). Blue Harbour said Rackspace has "excellent long-term prospects that we believe are not reflected In the current share price."Rackspace has been the subject of frequent takeover chatter.Rackspace closed Monday at $31.82, and traded 3% higher after-hours.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.