July 28 (Reuters) - U.S. discount store chain Dollar Tree Inc offered to buy rival Family Dollar Stores Inc for an enterprise value of about $9.2 billion.
Dollar Tree's offer of $74.50 per share in cash and stock represents a premium of about 23 percent over Family Dollar's close of $60.66 on Friday.
(Reporting by Ramkumar Iyer in Bangalore; Editing by Savio D'Souza)
- Personal Finance - Lifestyle
- Family Dollar
- Dollar Tree Inc