Starboard reportedly buys a stake in Dollar Tree and is seeking the sale of Family Dollar

Activist investor Starboard Value has acquired a stake in discount store operator Dollar Tree and is asking the company to sell its Family Dollar business, The Wall Street Journal reported on Sunday.

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Starboard To Dollar Tree: Hoping For Improvement At Family Dollar Is 'No Longer Acceptable'Activist hedge fund Starboard Value, which has acquired a 1.7% stake in Dollar Tree, is urging the company to explore “all strategic alternatives,” including a sale, for its underperforming Family Dollar chain.
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Activist Investor Starboard Seeks Changes at Dollar TreeActivist investor Starboard Value has taken a stake in Dollar Tree and is pushing the retailer to sell its Family Dollar business and tweak its pricing model.
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