As the dollar stores jockey for their respective negotiating positions in the battle for Family Dollar Stores Inc., the behind-the-scenes decision making over which offer is superior is likely to rest in the hands of activist investor Trian Fund Management.
Nelson Peltz’s Trian holds about a 7.3 percent stake in Family Dollar. On Thursday, Family Dollar and Trian rejected Dollar General Corp.’s bid for the company, insisting it would stick with the initial offer made by Dollar Tree Inc.
Issa Rae stopped by WWD's NYC headquarters to talk about season two of "Insecure," which premieres this Sunday on HBO. Click link in bio for all the details. #wwdeye (📷: @jgreenery; Styled by @mayteallende)
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"