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  • Fight for Family Dollar heats up; Tesla powers ahead; Exelixis tanks

    Kathy Cherpelis at Hot Stock Minute43 mins ago

    Here is a look at some of the stocks the Yahoo Finance team will be watching for you today. 

    Family Dollar (FDO) and Dollar General (DG) shares rose in the pre-market.  Dollar General raised its offer to buy the second biggest dollar-store chain by a $1.50 to $80 a share. As part of the $9.1 billion deal,  Dollar General said it will more than double the amount of stores its willing to divest to as many as 1,500 hundred stores  to clear antitrust hurdles.  A $500 million dollar reverse break-up fee to Family Dollar if the deal falls apart over antitrust concerns is also on the table. The latest cash-offer by Dollar General is $5.50 higher than Dollar Tree’s (DLTR) offer to buy Family Dollar.

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