|Family Dollar turns down Dollar General offer|
|News - St Augustine Area & St Johns County|
Family Dollar announced Friday morning that its board of directors has spurned rival Dollar Generalís latest buyout offer due to continued concerns over antitrust issues.
The announcement comes just three days after Dollar General increased its offer for the discount retailer and added safeguards aimed at soothing Family Dollarís concerns that the deal would run afoul of federal antitrust regulations.
Family Dollar, based in suburban, N.C., wasnít convinced.
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