Wednesday, November 29, 2006

Dollar General (DG) Gives Back Yesterdays' Gains As Takeover Speculation Abates

Shares of Dollar General Corp. (NYSE: DG) are 4.5% lower this morning as this morning's restructuring news reduces the probability of a takeover of the company in the near term. Yesterday, an analyst from MergerMarkets on CNBC said a least two private equity firms were aggressively pursuing company. The stock rose 5.2% yesterday on the speculation.

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