Dollar Tree sells Family Dollar to private equity firms after a decade of trying to find a fit

Source: Yahoo! Finance

“Dollar Tree is selling Family Dollar to a pair of private equity firms for $1 billion after a decade trying to make its acquisition of the bargain chain fit. Dollar Tree Inc. acquired Family Dollar for more than $8 billion in 2015 after a bidding war with rival Dollar General, but struggled to make it fit. Last year Dollar Tree announced that it planned to close hundreds of Family Dollar stores. The company also said at the time that it would record a $950 million impairment against the trade name Family Dollar, on top of a $1.07 billion goodwill charge.” (03/26/25)

https://finance.yahoo.com/news/dollar-tree-selling-family-dollar-110634918.html