Over the last several years more and more Americans are resorting to the Internet for everyday needs and purchases. When Drugstore.com was created in 1999, during the .com bubble, it was not known how much money an online drugstore could make. Today, we know that answer as Walgreens purchases Drugstore.com for $429 million as...
In mid February there were many rumors floating around that Family Dollar would be bought out for $55 to $60 a share and would immediately go private. The takeover offer from Nelson Peltz’s Trian Fund Management LP was rejected recently as Family Dollar feels as if the proposal substantially undervalues the business. A very interesting...