$DLTR bought Family Dollar for $9 B almost 10 years ago and then spend many more billions to improve its stores, operations, without success.
Eventually last year they threw the towel and seeked a buyer and they are now selling it to private equity for $1 B.
A massive burn of shareholder wealth. Not every acquisitions work. The stock is mildly up (3%) in the pre-market. But the troubles of dollar store concepts are hardly over.