Dollar Tree to Sell Family Dollar for $1 Billion

Reported 5 days ago

Dollar Tree is preparing to sell its Family Dollar business to a group of private equity investors for approximately $1 billion, as reported by the Wall Street Journal. The sale is expected to be finalized soon as Dollar Tree restructures amid increasing competition from major retailers and e-commerce. The deal follows Dollar Tree's earlier exploration of options for Family Dollar, which it acquired in 2015 for around $9 billion.

Source: YAHOO

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