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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 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’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 ...

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.

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 ending its short-lived and ill-fated Family Dollar experiment, offloading the discount brand for $1 billion – just a fraction of its purchase price from a decade ago. Family ...