Dollar Tree (DLTR) may take one more shot, but ultimately unlikely they can outbid Dollar General (DG) for Family Dollar (FDO) --
RBC Capital Mkts believes DLTR could raise its bid for FDO given the incremental revenue/GM synergies firm highlighted, but suspect that DG will ultimately win-out in a bidding war for FDO. This should be a win for DG and FDO shareholders. DLTR would miss-out on the synergy opportunities, but would add $305 million to their coffers and should revert to their steady growth algorithm.