Zings Of The Day (FDO, JPM)

Billionaire investor Nelson Peltz's Trian Capital sent a letter to Family Dollar FDO, saying he had a "contingent value letter" to take the company private for between $55 and $60 in cash. That's more than a family dollar. That's a pretty penny. Bernie Madoff gave his first interview for publication since being arrested December 2008. Madoff said the owners of the New York Mets didn't know about the Ponzi scheme. He also said they didn't know what Mets stood for. (Here's a hint: My. Entire. Team. You can figure out the last one.)
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Posted In: NewsMovers & ShakersM&ABernie MadoffConsumer DiscretionaryGeneral Merchandise StoresNelson Peltz
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