EDISON, NJ–Dollar Tree Inc., the nation's leading operator of discount variety stores, will acquire Family Dollar in a deal that creates a company with 13,000 stores in North America and annual sales exceeding $18 billion.
The completion of the transaction is expected as early as March 2015, according to a Dollar Tree news release.
Family Dollar shareholders voted overwhelmingly on January 22 to approve the Dollar Tree merger, rather than go with its other option, an opportunity to be acquired by Dollar General.