Dollar Tree says it has reached a deal to sell its long-struggling Family Dollar chain. The $1 billion sale comes a decade after the company bought the former rival. For most of that time, Dollar ...

Dollar Tree said Wednesday it will explore a sale or spinoff of Family Dollar, less than a decade after acquiring the chain in what has turned out to be a disastrous merger.

Dollar Tree will pay $74.50 for each share of Family Dollar and said it would run the company as a separate brand. The Two-Way. America. Dollar Tree To Buy Family Dollar In $8.5 Billion Deal.