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Dollar Tree Stock Rises on $1B Family Dollar Sale to Private-Equity Firms

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Summary
Nutrition label

85% Informative

Dollar Tree will sell Family Dollar to Brigade Capital Management and Macellum Capital Management .

The deal is expected to close later in the second quarter .

Dollar Tree acquired Family Dollar in 2014 for just over $9 billion .

Last March , Dollar Tree announced plans to close roughly 1,000 underperforming stores.

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89

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88

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81

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formal

Language

English

Language complexity

42

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not offensive

Hate speech

not hateful

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Time-value

short-lived

Source diversity

1

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