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Dollar Tree is selling Family Dollar to private equity firms Brigade Capital Management and Macellum Capital Management for approximately $1 billion.
Dollar Tree is selling off its Family Dollar stores for about $1 billion in a move the company says strengthens both companies.
Dollar Tree on Wednesday announced it sold its Family Dollar segment and seemingly relieved investors sent the company's stock higher on the news.
Dollar Tree is selling its Family Dollar business to private equity firms for about $1 billion, a fraction of its 2015 acquisition cost, as the brand struggled to drive traffic.
Dollar Tree sells Family Dollar for $1B as store closures, price increases continue The final selling price was a fraction of what Dollar Tree bought the bargain brand for in 2015 ...
(Reuters) -Dollar Tree said on Wednesday that a group of private-equity investors would acquire its Family Dollar business for about $1 billion, bringing an end to its nearly year-long search for ...
Discount retailer Dollar Tree said Wednesday it will sell Family Dollar to private equity. The company closed about 700 FD locations in 2024.