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Dollar Tree to sell 330 Family Dollar stores

NEW YORK- Dollar Tree expects to reach a deal in the coming days to sell about 330 Family Dollar stores in order to receive approval of its $8.5 billion acquisition of Family Dollar. The 330 Family Dollar stores represent about $45.5 million in operating income, Dollar Tree said. Dollar Tree, which is headquartered in Chesapeake, Virginia, currently operates...
Source: The Associated Press
Cramer: The retail shift  

The "Squawk on the Street" news team reports on today's top business headlines, including the retail sector and earnings by Walmart and Urban Outfitters.
Source: CNBC.com