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Dollar Tree is selling its struggling Family Dollar chain to Brigade Capital Management and Macellum Capital Management for $1 billion, a significant drop from the $9 billion it paid a decade ago. The decision aims to unlock shareholder value and address operational challenges, including store closures and management issues. Analysts view the sale as a necessary step to reposition Family Dollar for future success amid ongoing economic pressures and competition from larger retailers.
Michael Creedon
People
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dollar tree sells family dollar for one billion after operational struggles
United States Dollar
Walmart Inc.
DOLLAR GENERAL
Brigade Capital Management LP
Nomura Holdings, Inc.
UniCredit S.p.A.
Dollar Tree, Inc.
USA
Neil Saunders
Todd J Vasos
Michael Creedon
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18:30 26.03.2025
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