No. of Recommendations: 8
Pay $8.5-9B. Waste lots of effort! Sell for $1B!
Dollar Tree said on Wednesday a consortium of private-equity investors will buy its Family Dollar business for about $1 billion, bringing an end to its nearly year-long search for potential buyers for the troubled discount-store chain.
The 66-year-old business, which Dollar Tree bought in 2015 for about $9 billion, had been grappling with competition from big-box retailers such as Walmart
, and online retailers including Amazon
, Shein and Temu.
Dollar Tree’s shares were up 3% in premarket trading after the sale of Family Dollar to Brigade Capital Management and Macellum Capital Management.
https://www.cnbc.com/2025/03/26/dollar-tree-to-sel...