{"id":21005,"date":"2011-03-04T06:59:04","date_gmt":"2011-03-04T11:59:04","guid":{"rendered":"http:\/\/www.hedgeco.net\/news\/?p=21005"},"modified":"2011-03-04T06:59:04","modified_gmt":"2011-03-04T11:59:04","slug":"family-dollar-tells-hedge-fund-shop-somewhere-else","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2011\/family-dollar-tells-hedge-fund-shop-somewhere-else.html","title":{"rendered":"Family Dollar Tells Hedge Fund: Shop Somewhere Else"},"content":{"rendered":"<p>NPR &#8211; Family Dollar&#8217;s board of directors has unanimously rejected a takeover bid from a New York hedge fund. The offer from the Trian Fund had put the Charlotte-based company&#8217;s value at $6.99 billion.<\/p>\n<p>The discount retailer&#8217;s stores have thrived during the U.S. economic slump, as consumers looked for cheaper prices. Over the past three years, Family Dollar&#8217;s stock price has risen by more than 150 percent.\u00a0The publicly held company is led by the same family that opened the chain&#8217;s first store, in 1959.<\/p>\n<p><strong><a href=\"http:\/\/www.npr.org\/blogs\/thetwo-way\/2011\/03\/03\/134239583\/family-dollar-tells-hedge-fund-shop-somewhere-else\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NPR &#8211; Family Dollar&#8217;s board of directors has unanimously rejected a takeover bid from a New York hedge fund. The offer from the Trian Fund had put the Charlotte-based company&#8217;s value at $6.99 billion. The discount retailer&#8217;s stores have thrived [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-21005","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=21005"}],"version-history":[{"count":2,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21005\/revisions"}],"predecessor-version":[{"id":21007,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/21005\/revisions\/21007"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=21005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=21005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=21005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}