In a move that has taken way too long a time to come to fruition, Dollar Tree’s CEO announced it was selling Family Dollar to a couple of private equity firms – good luck with that one – for $1B, or only $7.7B less than they paid a decade ago.  I’ve only been in a couple of their stores and the older ones were dirty and seemed staffed and shopped by some very sketchy people.  Never saw the sense of the purchase in the first place, especially when the word synergy gets tossed around like a golden orb – more like a Magic Eight Ball in terms of future profits!  Here’s the article from Coupons in the News.