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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 is selling Family Dollar to a pair of private equity firms for $1 billion after a decade of trying to make its acquisition of the bargain chain fit. Dollar Tree Inc. acquired Family ...

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Dollar Tree is selling Family Dollar to private equity firms for $1 billion after acquiring the chain in 2015 for $9 billion. The company says the sale will allow it to focus on growing the Dollar ...

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 Family Dollar for drastically less than it paid to buy it. The pace of Family Dollar store closures could increase once the chain is sold to its private equity acquirers.

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 ...

Family Dollar logo is seen in front of website. (Photo Illustration by Timon Schneider/SOPA Images/LightRocket via Getty Images) Dollar Tree purchased Family Dollar 10 years ago for more than $8 ...

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.