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MATTHEWS, N.C. – More pressure is on Family Dollar Stores this morning.
Investor Carl Icahn says that it is time for the Mattews based chain to put itself up for sale. Icahn owns 9.4% stake in the company and in a letter to the CEO he is requesting that 3 of his representatives be added to the board.
In April of 2014 the discount store announced its plans to close nearly 400 under performing stores to cut costs.
