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Dollar Tree is selling Family Dollar

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Dollar Tree is selling off its Family Dollar stores for about $1 billion in a move the company says strengthens both companies.
From USA TODAY
Dollar General is selling Family Dollar to private equity, ending the unsuccessful merger of two dollar stores.
From CNN

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Dollar Tree earnings call reveals sale of Family Dollar, expansion of stores
Dollar Tree is selling off its Family Dollar stores for about $1 billion in a move the company says strengthens both companies.
Dollar Tree To Offload Family Dollar For About 11% Of Its Purchase Price
Dollar Tree reached an agreement to sell its Family Dollar business to Brigade Capital Management and Macellum Capital Management for just over $1B. The sale price marks a stark drop-off in value for the asset, which Dollar Tree acquired in 2015 for about $9.2B.
Dollar Tree is selling Family Dollar at a huge loss. Here’s why the stock is rising anyway.
Net proceeds from the sale are estimated to be approximately $804 million, according to Dollar Tree. The economic impact of tax benefits from losses on the sale is expected to be
‘This is the most affordable place’: Family Dollar customers explain why the store matters
Dollar General is selling Family Dollar to private equity, ending the unsuccessful merger of two dollar stores. Vanessa Yurkevich speaks to Family Dollar customers in Union City, New Jersey about why the store is important for their budgets and their community.
Cracking down on future dollar chain stores
At just a year old, Zamari Redditt is about to tee off thanks to a Family Dollar store in Park Heights. “I got a nice golf set for my son,” said Zamari’s father, Arkeene Redditt, “Five dollars. Where like at Walmart or something it would be like 12 or 13 dollars so it’s cheaper.
Dollar Tree: Uncertain After Selling Family Dollar On The Cheap
Dollar Tree, Inc. has sold Family Dollar amid underperformance, but inflation and challenges persist. Click here for my updated look at DLTR after this large sale.
CBS News2d
Dollar Tree to sell Family Dollar for $1 billion a decade after buying it for more than $8 billion
Although both Dollar Tree and Family Dollar cater to low-income shoppers ... Shares of Dollar Tree rose $2.11, or 3.1%, to $69.25 in premarket trading.
Dollar Tree Is Selling Family Dollar for $1 Billion
Nearly 10 years after buying Family Dollar for about $9 billion, Dollar Tree announced it would sell the retailer to two private equity firms.
Dollar Tree sells Family Dollar to private equity firms after a decade of trying to find a fit
Dollar Tree acquired Family Dollar for more than $8 billion in 2015 after a bidding war with rival Dollar General.
FOX 11 Los Angeles2d
Dollar Tree to sell off Family Dollar
After struggling with supply chain issues, poor locations and other difficulties, Family Dollar is being sold to two private equity firms for $1 billion.
Dollar Tree offloads Family Dollar chain for $1 billion, ending a decade-long effort to find a fit
Dollar Tree’s decade-long effort to fold the Family Dollar chain into its business is ending after agreeing to sell the bargain store chain to a pair of private equity firms for $1 billion. Dollar Tree Inc.
WTVD2d
Dollar Tree offloads Family Dollar chain for $1B, ending decade-long effort to find a fit
CHESAPEAKE, Va. -- Dollar Tree's decade-long effort to fold the Family Dollar chain into its business is ending, after the Virginia-based discount retailer said it's selling it to a pair of ...
Dollar Tree is splitting from Family Dollar, with $1B sale to private investors
Dollar Tree announced on Wednesday it was selling Family Dollar to a group of private-equity investors in a $1 billion deal.
Dollar Tree plans to close 370 Family Dollar stores
Dollar Tree is selling off its Family Dollar stores for about $1 billion in a move the company says strengthens both companies.
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