Wal-Mart Said to Be Unlikely to Bid for Family Dollar

Wal-Mart Stores Inc. is unlikely to bid for Family Dollar Stores Inc. after an internal review of the takeover target, people familiar with the situation said.

Wal-Mart determined that Family Dollar wouldn’t be a good fit with its smaller-format stores, according to one of the people, who asked not to be identified because the deliberations were private. The company also hasn’t approached Family Dollar about a bid, another person said.