Family Dollar Deal Could Close This Month, Bring Big Changes
For Matthews, N.C.-based Family Dollar Stores, May could be one of the biggest months in the discount retailer's 56-year history. Chesapeake, Va.-based Dollar Tree has said it expects its $8.5 billion purchase of Family Dollar to close this month, capping a 10-month takeover drama. But the close has been delayed before, and neither company would comment this week. After Family Dollar shareholders approved the deal in January, the biggest remaining hurdle became regulatory approval from the Federal Trade Commission.