Dollar Tree announced on Wednesday that it has agreed to sell its Family Dollar division to a group of private equity firms in a deal valued at approximately $1 billion. The acquisition by a ...

Why consumers don't feel confident about the economy right now Dollar Tree on Wednesday said it is selling Family Dollar for $1 billion to a pair of private equity firms, a decade after it bought ...

Dollar Tree purchased Family Dollar in 2015 for about $9 billion, hoping the merger would help both stores reach more customers. But it struggled to effectively manage the Family Dollar brand.

CHESAPEAKE, Va. (WAVY) – The retail company Dollar Tree, headquartered in Chesapeake, Va., announced the sale of its Family Dollar businesses for $1 billion Monday, in a press release.

At the time, Dollar Tree also said a price cap of $10 was also on the table in the coming years. The same year, Dollar Tree said it was set to close about 600 Family Dollar Stores in the first ...