From the Center
AllSides Media Bias Rating: Center
Dollar Tree agreed to a sale of its Family Dollar business to a consortium of private-equity investors for roughly $1 billion, in a bid to unlock value and continue on its turnaround plans under fresh leadership.
The details
The discount-retail chain is set to be acquired by Brigade Capital Management and Macellum Capital Management, the company announced Wednesday, confirming an earlier report from The Wall Street Journal.
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