Dollar Tree to Sell 330 Family Dollar Stores

May 21, 2015 1:18 PM

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Dollar Tree says it expects to reach a deal in the coming days to sell about 330 Family Dollar stores in order to receive approval of its $8.5 billion takeover of Family Dollar.

The dollar-store chain did not name the possible buyer for the Family Dollar stores or which locations would be sold. The Federal Trade Commission is requiring Dollar Tree to sell the stores.

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