Dollar Tree is buying rival discount store Family Dollar in a
cash-and-stock deal valued at about $8.5 billion.
Stockholders of Family Dollar Stores will receive $59.60 in cash
and the equivalent of $14.90 in shares of Dollar Tree for each share they own.
The companies put the value of the transaction at $74.50 per share.
The boards of both companies have unanimously approved the deal,
which is expected to close by early next year.
Shares of Family Dollar Stores Inc., based in Charlotte , North Carolina Chesapeake , Virginia
