Dollar Tree is selling off the beleaguered Family Dollar for $1 billion — a fraction of the $8.5 billion it was bought for 10 years ago Dollar Tree is selling off the beleaguered Family ...

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 the discount chain for more than $8 billion. In a statement ...

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.

The decision to sell Family Dollar comes as part of Dollar Tree’s strategic efforts to streamline operations and enhance profitability under new leadership. Dollar Tree announced on Wednesday ...