date:Aug 20, 2014
Wal-Mart Stores Inc. is unlikely to bid for Family Dollar Stores Inc. after an internal review of the takeover target according to reports.
Wal-Mart determined that Family Dollar wouldnt be a good fit with its smaller-format stores, according to one of the people, who asked not to be identified because the deliberations were private. The company also hasnt approached Family Dollar about a bid, another person said.
Family Dollar received a Dollar General Corp. bid yesterday of about $9 billion,