Billionaire investor Carl Icahn says his push for a merger between Family Dollar Stores Inc. (NYSE:FDO) and Dollar General Corp. (NYSE:DG) has encountered a setback, according to a Reuters report.
Icahn disclosed he had taken a 9.4 percent stake in Matthews-based Family Dollar in June — making him the largest shareholder in the company.
He is pushing for change at the discount retailer, saying he sees “great long-term potential” in the dollar-store industry and that he believes Family Dollar’s…