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Dollar Peltz

15 February 2011 By Antony Currie

That’s one way to explain his offer of up to $7.6 bln for Family Dollar. At 9.3 times EBITDA, he’d get a bargain relative to KKR’s foray into dollar stores, which benefitted disproportionally during the Great Recession. If unemployment stays high, Peltz may actually be right.

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