I read an article yesterday online that the Dollar Tree taking over Family Dollar stores. I was really surprised when I came across this article. Dollar Tree must really be bringing in more bucks than Family Dollar. I shop at both but Family Dollar more. I wonder what changes are going to take place. NEW YORK (AP) — The battle over dollar stores is nearly over. Family Dollar shareholders voted on Thursday to approve a takeover bid by rival Dollar Tree, despite higher competing offers from Dollar General. The deal with Dollar Tree still needs to be approved by the Federal Trade Commission, but Family Dollar expects it to close by March. Dollar Tree first offered to buy Matthews, North Carolina-based Family Dollar in July for about $8.5 billion. Dollar General offered higher bids that were repeatedly rejected. Dollar General's pursuit of Family Dollar is now likely finished. It said in a statement that the vote was a loss for Family Dollar shareholders and shoppers, who would have benefited from lower prices in its stores. "Family Dollar's lack of engagement and a contracted transaction timeline ultimately prevented us from completing this transaction," said Dollar General's CEO Rick Dreiling. Dollar General's most recent bid for Family Dollar was about $9.1 billion. Family Dollar said it rejected Dollar General's bids because it expected that it would be harder to get regulatory approval for the deal even though Dollar General was willing to sell as many as 1,500 stores. A combination of Family Dollar and Chesapeake, Virginia-based Dollar Tree will create the largest dollar store company in the nation, with more than 13,000 stores. Dollar General, based in Goodlettsville, Tennessee, has more than 11,000 stores. Shares of all three companies rose Thursday. Family Dollar Stores Inc. added 89 cents, or 1.2 percent, to close at $76.44. Dollar Tree Inc. rose $2.44, or 3.6 percent, to close at $70.25. Dollar General Corp. rose $2.56, or 3.8 percent, to close at $69.77. Copyright 2015 ThePlease Log In to view this link!. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.