Try digitalPLUS for 10 days for only $0.99
Topics

Brian Frosh

11 Family Dollar stores in Md. to become Dollar Express

11 Family Dollar stores in Md. to become Dollar Express

Eleven Family Dollar stores in Maryland will be sold to Sycamore Partners, a New York-based private equity firm, under an agreement reached as part of Dollar Tree Inc.'s planned $8.5 billion purchase of Family Dollar Stores Inc., Maryland Attorney General Brian E. Frosh announced Thursday. The settlement filed Thursday in federal court will help maintain competition and low prices in neighborhoods most affected by the planned acquisition, Frosh said in the announcement. "This agreement ensures that in places where a Dollar Tree store and a Family Dollar store are close to each other, there will be two different companies operating them, with a built-in incentive to keep prices...

Loading

79°