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Dollar Tree is selling Family Dollar for drastically less than it paid to buy it. The pace of Family Dollar store closures could increase once the chain is sold to its private equity acquirers.

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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 is selling off its Family Dollar stores for about $1 billion in a move the company says strengthens both companies – and lets Dollar Tree focus on growth. Private equity firms ...

Dollar Tree is selling its struggling Family Dollar chain to a group of private equity investors. The new owners may be better equipped to turn around the chain of discount stores. While some ...

Dollar Tree is selling off its Family Dollar stores for about $1 billion in a move the company says strengthens both companies – and lets Dollar Tree focus on growth. Private equity firms ...

This summary is reviewed by TRD Staff. Dollar Tree is selling Family Dollar to private equity firms Brigade Capital Management and Macellum Capital Management for approximately $1 billion.