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Industry Focus

Where the Money Is 09.09.2014

Industry Focus

The Motley Fool

Interview, Money, Consumergoods, Business, Businessnews, Ceo, Technology, Investing, Stocks, Energy, Fool, Financial, Economy, Healthcare, News, Banking, Motley, Tech, Business News, Investments

4.6854 Ratings

🗓️ 9 September 2014

⏱️ 8 minutes

🧾️ Download transcript

Summary

Consumer goods analysts Sean O'Reilly and Nathan Willis touch on dollar store drama, Amazon's Fire Phone price cut, Olive Garden's endless pasta coma, and Panera's new gun policy.

Transcript

Click on a timestamp to play from that location

0:00.0

We're talking dollar stores guns and endless pasta. This is Consumer Goods

0:05.0

Edition of where the money is.

0:08.2

Hey Sean, how you doing today? Very good, Nathan. Not too bad.

0:14.0

I'm looking forward to taking my gun to go eat my lend this pasta and then pick up some stuff at a dollar store on my

0:18.0

way home. You know, that's a good segue into our topics today.

0:21.0

We might be able to do that.

0:23.3

So actually kind of starting off the news here

0:25.9

with what we mentioned, dollar stores.

0:28.8

Yeah, so over the weekend,

0:30.9

so last week we got a bid, Dollar General, trying to buy Family Dollar,

0:34.0

Family Dollar, previously agreed to be purchased by Dollar Tree.

0:38.0

And there were antitrust concerns and they were like, no, we really want to sell ourselves the dollar tree and all

0:43.0

this stuff. Well, they actually did wind up rejecting it over the weekend.

0:46.1

It's actually late Fridays, as I will call. And they didn't say the price was the

0:49.8

problem because the price is $5 more per share.

0:52.6

It's actually like $5.50.

0:54.0

The problem was the antitrust concerns

0:55.6

because they break up with a family, I'm sorry,

0:59.7

Dollar Tree.

1:00.7

They call it off with them and go with Dollar General and then it falls through because of antitrust concerns. They don't have a marriage and it's a problem and they're in trouble. So that's the reason. I don't know if I buy that reason, but you know it is what it is

1:15.4

So beyond that what do you see more as the reasons or the implications behind the deal? Why why would dollar general you General be looking at this?

1:23.6

Dollar General, literally when they came out with the $80 bid, sad, we've looked in the antitrust

...

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