Family Dollar begins new chapter as a standalone private company
Brigade Capital Management, Macellum Capital Management, and Arkhouse Management Co. partner to purchase Family Dollar
Family Dollar
Duncan MacNaughton named chairman of Family Dollar as chain is sold for $1 billion
The transaction, announced by Dollar Tree on Monday, is expected to close later in the second quarter pending regulatory approval. The deal calls for Family Dollar to be spun off as an independent company, while maintaining its headquarters in Chesapeake, Virginia.
Bonita Price promoted to Chief Merchant for Family Dollar
Price's career in value retailing spans over 25 years.