VIDEO: Icahn Threatens Proxy War If Family Dollar Not Put Up For Sale
Activist investor Carl Icahn said in a letter to Family Dollar Stores that the company be put up for sale immediately. He also said in the filing that three or four of his representatives should be added to the company's board immediately. Icahn reported a 9.39 percent stake in Family Dollar in June and has said he was considering pushing the $6.89 billion company to merge with rival Dollar General.