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Dollar General Makes $9.7 Billion Bid For Family Dollar

A Family Dollar store is seen on July 28, 2014, in Hallandale, Florida. (Joe Raedle/Getty Images)
A Family Dollar store is seen on July 28, 2014, in Hallandale, Florida. (Joe Raedle/Getty Images)

Today, Dollar General said it wants to buy Family Dollar in an all-cash deal worth $9.7 billion. That proposal tops an earlier bid from another dollar store, Dollar Tree, for the same company last month.

NPR’s Marilyn Geewax talks to Here & Now’s Jeremy Hobson about what the deal means in the larger context of the American economy, and why there’s so much competition for the dollar store.

Guest

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