Family Dollar Skyrocketing On Nelson Peltz 13D (FDO, NDN, DLTR)

Shares of Family Dollar Stores, Inc. FDO are skyrocketing in after hours trading, up more than 30% after Nelson Peltz disclosed a 13D, showing he has a 6% stake in the company, and is in talks to take it private. Other companies in this space, like 99 Cents Stores NDN and Dollar Tree, Inc. DLTR are shooting higher on the news. The offer that's on the table is between $55-$60 per share from Peltz's firm, Trian.