Dollar Tree

FTC gives Green Signal to Dollar Tree to Buy Family Dollar Stores

FTC gives Green Signal to Dollar Tree to Buy Family Dollar Stores

The Federal Trade Commission stated that Dollar Tree and Family Tree will sell 330 Family Dollar stores. By selling these stores, they would be able to settle a complaint that their merger will probably be anticompetitive. With this, the FTC permitted Dollar Tree to buy Family Dollar Stores.

Dollar Tree said that the deal can be closed by Wednesday. As per the FTC, Dollar Tree has offered to sell the stores to private equity firm Sycamore Partners. There is a condition, as the stores need to be sold within 150 days after the deal is closed.




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