Dollar Tree is selling Family Dollar to two private equity firms after the discount chain failed to gain traction with ...
Nearly 10 years after buying Family Dollar for about $9 billion, Dollar Tree announced it would sell the retailer to two private equity firms.
Investors are taking a positive view of Dollar Tree's sale of the flagging Family Dollar business and mixed fourth quarter results that depicted a stressed consumer.
Dollar Tree is selling Family Dollar to a pair of private equity firms in a deal worth approximately $1 billion.