Dollar Tree to Divest Family Dollar Business to Brigade and Macellum Capital Management

Reuters

03-26

March 26 (Reuters) - Dollar Tree Inc ::
*DOLLAR TREE ANNOUNCES AGREEMENT TO DIVEST ITS FAMILY DOLLAR BUSINESS TO BRIGADE CAPITAL MANAGEMENT AND MACELLUM CAPITAL MANAGEMENT
*DOLLAR TREE INC - FAMILY DOLLAR PURCHASE PRICE SET AT $1.007 BILLION
*DOLLAR TREE INC - PURCHASE PRICE FOR FAMILY DOLLAR, UNDER TERMS OF AGREEMENT, IS $1,007.0 MILLION, SUBJECT TO CUSTOMARY CLOSING ADJUSTMENTS.
*DOLLAR TREE INC - FAMILY DOLLAR TO REMAIN HEADQUARTERED IN CHESAPEAKE, VIRGINIA
*DOLLAR TREE INC - TRANSACTION EXPECTED TO CLOSE IN Q2 2025
*DOLLAR TREE INC - DUNCAN MACNAUGHTON TO JOIN FAMILY DOLLAR AS CHAIRMAN

((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))
Source Date/Time = 26-MAR-202510:30:00.277 GMT

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