Stock Market Reacts as Dollar Tree Agrees to Buy Family Dollar.

[JEFF9K]

Both stocks were up today on the news - Dollar Tree by about 3% and Family Dollar by about 25% as of the time of this message.

The deal involves nearly eight-and-a-half billion dollars, in singles.

They don't yet have a name for the company, but are considering “Extended Family Dollar.”

They have already agreed on a slogan: “Twice as much crap”!”

[Retrograde]

1. Will they call it Family Tree or Dollar Dollar? (n/t)

[JEFF9K]

6. Watch the late night shows.

This story is the type of thing they make jokes about in the opening monologue. Let's see what they come up with.

[Louisiana1976]

2. I wonder if that'll lead to any improvement in Family Dollar stores. I like Dollar Tree stores,

but I don't like the Family Dollar.

[JEFF9K]

3. I've never been to Dollar Tree.

A Family Dollar recently opened nearby. I was hoping they would have something that the others stores didn't have, or maybe the same things at a lower price, but they didn't.

The head of the store did, however, give a great performance on Undercover Boss.

[onethatcares]

4. did dollar general have any

type of uptick?

we could have a totally new stock ticker abreviation.

[JEFF9K]

5. I don't know.

Nightly Business Report had a story about the whole "dollar store" industry, but I missed it.

[DirkGently]

7. Great. They're already putting these up everywhere here.

I take it as a sign that Americans are increasingly forced to shop for crap because they are already stretched to breaking buying food, housing, fuel, etc.

Sad.