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Acquisition creates discount giant
Chesapeake, Va. -- It’s a done deal.
Dollar Tree announced Monday that it has completed its $8.5 billion acquisition of Family Dollar Stores.
Gary Philbin, 58, formerly president and COO of Dollar Tree, has been named to the same position at Family Dollar, effective immediately. In his new role, Philbin will continue to report to Bob Sasser, CEO of Dollar Tree.