Sr. Correspondent, Broker Research, Bangalore, India
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Jan 22, 2015
Jan 21, 2015

Options traders ready for the end of Dollar Store bidding war

NEW YORK (Reuters) – Family Dollar Stores Inc (FDO.N: Quote, Profile, Research) shareholders will vote on Thursday on an agreement to be bought by fellow discount retailer Dollar Tree Inc (DLTR.O: Quote, Profile, Research), possibly putting an end to a months-long tussle with Dollar General Corp (DG.N: Quote, Profile, Research).

Traders in the options market appear to be betting on a Dollar Tree win and have been positioning for Dollar General shares to come under pressure.

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    • About Saqib

      "Saqib Ahmed is an options correspondent working with the Markets team in New York. He previously led the Reuters Broker Research team in Bangalore. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
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