Dollar General could go hostile in bid for rival Family Dollar September 2, 2014 America’s leading deep discount retailer Dollar General yesterday warned it might go hostile and head straight for Dollar Stores’ shareholders if its rival rejected its latest $9.1bn (£5.5bn) bid. It also said it would pay a break-up fee of $500m if the deal ran foul of competition law, the reason Family Dollar had cited for its [...]
FBI brought in to probe cyber attack on JPMorgan Chase August 28, 2014 JPMorgan Chase yesterday said it was investigating a possible cyber attack and was working with the FBI to determine the scope of the hack. Bank spokeswoman Trish Wexler said JPMorgan was taking additional steps to safeguard sensitive or confidential information, though it did not see unusual fraud activity at this time. JPMorgan disclosed the investigation [...]