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David Paul Morris / Bloomberg via Getty Images Dollar Tree (DLTR) on Wednesday said it has reached a deal to sell its Family Dollar brand to a pair of private-equity firms for $1 billion.

Dollar Tree is selling its Family Dollar business as the discount chain store tries to turn around its mounting losses under a new leader. Dollar Tree agreed to sell its Family Dollar business ...

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The company noted that Family Dollar will continue to be headquartered in Chesapeake, VA. In fourth-quarter fiscal 2024, Dollar Tree classified Family Dollar as held for sale, reporting its ...

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 (DLTR): The discount chain reported results and said it will sell its Family Dollar business to a private-equity consortium for roughly $1 billion. Shares gained more than 4%.