Reported 4 months ago
Dollar Tree is considering strategic options for its Family Dollar business, including a potential sale or spinoff, as reported by The Wall Street Journal. The company's review is led by JPMorgan Chase, with Dollar Tree's shares down 4% following the news. Family Dollar was acquired by Dollar Tree in 2015 for around $9 billion, and analysts speculate on the potential value of a separation between the two discount retailers catering to different consumer markets.
Source: YAHOO