Dollar General outbids Dollar Tree for Family Dollar.

Dollar General has made an all-cash bid of nearly $10 billion for Family Dollar, beating a deal Dollar Tree made last month, according to CNN Money.

Dollar General has bid $78.50 per Family Dollar share, totaling $9.7 billion, topping the $74.50 per share cash and stock offer Dollar Tree made last month, which is valued at $8.5 billion.