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JERUSALEM (AP) — The popularity of the Hamas militant group among Palestinians in the West Bank and the Gaza Strip has spiked significantly following the 50-day war with Israel, according to an opinion poll released Tuesday.
Dollar General Corp raised its bid for Family Dollar Stores Inc by 2 percent to $80 per share, or $9.1 billion, and warned it may turn hostile and appeal directly to shareholders if the new offer was rejected. Dollar General also said it would pay a break-up fee of $500 million if deal ran foul of competition law, the reason Family Dollar had cited for its rejection the earlier offer and opting instead for an $8.5 billion cash-and-stock bid from Dollar Tree Inc . Family Dollar's shares were up almost 1 percent at $80.50 in premarket trading, above Dollar General's cash offer, suggesting some investors held hopes of higher offers. "In the event you refuse to engage with us regarding our revised proposal, we will consider taking our persuasive and superior proposal directly to your shareholders," Dollar General Chief Executive Rick Dreiling said in a letter to Family Dollar's board on Tuesday.