Dollar Tree offloads Family Dollar chain for $1B, ending decade-long effort to find a fit

Dollar Tree offloads Family Dollar chain for $1 billion - here’s what it means

Following the sale, Dollar Tree will move forward with ‘significant planned new store openings’ across the country

Dollar Tree offloads Family Dollar chain for $1B, ending 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 the Virginia-based discount retailer said it's selling it to a pair of private equity firms for $1 billion.

Dollar Tree to sell Family Dollar to private equity firms for $1B

Dollar Tree said it has agreed to sell its Family Dollar division to a group of private equity firms in a deal valued at approximately $1 billion.

Dollar Tree sells Family Dollar for $1B as store closures, price increases continue

The sale comes as Dollar Tree announced it had planned to close nearly hundreds of Family Dollar stores.

Dollar Tree will sell Family Dollar; both will remain headquartered in Chesapeake

The Fortune 500 company acquired the rival for nearly $9 billion in 2015. Now, it’s selling to 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 is selling Family Dollar to a pair of private equity firms in a deal worth approximately $1 billion.