from Associated Press
Thursday, Oct 30, 2014
Quincy, IL News - QuincyJournal.com
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1950Brutus - Amazon to open facility in Illinois, hire 1,000 - Quincy, IL News - QuincyJournal.com
Wrong again - The line on the form instructs you to DO NOT LEAVE BLANK. If IL does not adjust the form (all necessary info is on the form) and inform taxpayer thusly then it is their own fault for lack of enforcement - you know -the way the immigration system works. Also original poster may not complete his own taxes - could know nothing about line 23 so he could be in the same boat as I - paid the…
QuincyJournal - Baldwin School evacuated following smoke in building - Quincy, IL News - QuincyJournal.com
Or maybe they had to turn on the old heater for the first time this season and it just belched. Good grief, people. Lighten up. I was joking. BG
qfingers - Baldwin School evacuated following smoke in building - Quincy, IL News - QuincyJournal.com
Here's the investigative questions though: #1 Was there a change in the heating system from prior years? #2 Were there new smoke detectors that perhaps were more sensitive or in new places? #3 Since this is done every year has there ever been such a problem before? #4 How do they propose preventing this from happening next year?
QuincyJournal - Baldwin School evacuated following smoke in building - Quincy, IL News - QuincyJournal.com
Waiting on a reply from the District as they examine where the magic bullet came from... No, I don't really believe this was staged. BG
chemteacher54 - Baldwin School evacuated following smoke in building - Quincy, IL News - QuincyJournal.com
What produced the smoke? Is this an oil-burning furnace/boiler, or is it natural gas? Natural gas does not produce much smoke. So if this heating system is fueled by natural gas, I do find that much smoke rather suspicious. I am so used to QPS administrators and boards trying to deceive and manipulate the public it would not surprise me if they staged this just days before a vote on replacing this…

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Dollar Tree Buying Family Dollar for $8.5 Billion

3 months ago from Associated Press

Dollar Tree is buying rival discount store Family Dollar in a cash-and-stock deal valued at about $8.5 billion.

Stockholders of Family Dollar Stores will receive $59.60 in cash and the equivalent of $14.90 in shares of Dollar Tree for each share they own. The companies put the value of the transaction at $74.50 per share, which is an approximately 23 percent premium to Family Dollar's Friday closing price of $60.66.

The companies put the enterprise value of the deal, including debt and other costs, at more than $9 billion.

Family Dollar stockholders will own somewhere between 12.7 percent and 15.1 percent of Dollar Tree's outstanding common shares at closing. Shares spiked more than 24 percent and were headed for an all-time high before the opening bell Monday.

Shares of Dollar Tree neared an all-time high.

Core customers for bargain stores and major retailers like Wal-Mart have been among the hardest hit by the recession and its aftermath because of job instability.

Family Dollar has struggled and has attempted to reinvigorate sales by lowering prices on almost 1,000 basic items. It's cut some jobs and shuttered underperforming stores.

The company had been conducting a strategic review since the winter, and investor Carl Icahn urged Family Dollar last month to put itself up for sale. Icahn has built up a stake in the company of more than 9 percent, according to regulatory filings.

Dollar Tree CEO Bob Sasser said Monday that the deal will give Dollar Tree more than 13,000 stores in the U.S. and Canada. That is nearly three times as many stores as Wal-Mart Stores Inc., though Wal-Mart's square footage is still greater.

The companies did not say if any Dollar Tree or Family Dollar stores would be closed.

The combined Dollar Tree-Family Dollar chain will have sales of more than $18 billion and Sasser says that the transaction will create a more diverse company with an enhanced geographic reach.

Dollar Tree stores sell products for $1 or less, while Family Dollar's pricing is much broader.

Dollar Tree will continue to operate under the existing Dollar Tree, Deals, and Dollar Tree Canada store signs. It will keep the Family Dollar brand as well.

Family Dollar Chairman and CEO Howard Levine will still lead those stores and report to Sasser. He will join Dollar Tree's board.

Dollar Tree plans to finance the deal with available cash, bank debt and bonds.

The boards of both companies have unanimously approved the deal, which is expected to close by early next year. It still needs approval from Family Dollar shareholders.

Shares of Family Dollar Stores Inc., based in Charlotte, North Carolina, surged $14.89 to $75.55 in premarket trading. The record high during regular trading is $75.29. Shares of Dollar Tree Inc., based in Chesapeake, Virginia, jumped 10 percent, or $5.50 to $59.72. The all-time high for that stock is $60.19.


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