Dollar Tree Buying Family Dollar with $8.5 Billion Deal

Published 07/28 2014 07:30AM

Updated 07/28 2014 07:35AM

2012 Bloomberg
    Dollar Tree says it plans to buy its competitor Family Dollar in an almost $9 billion deal.
    Family Dollar stockholders will get $59.60 and the equal of 1490 in shares of dollar tree for each share they own.
    Both companies approved the deal and all details should be finalized by early 2015.

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