Are Hedge Fund Dollar Store Dreams A Mirage?

How many hedge funds does it take to turn around a dollar store?

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Forbes /  🏆 394. in US

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Starboard reportedly buys a stake in Dollar Tree and is seeking the sale of Family DollarActivist investor Starboard Value has acquired a stake in discount store operator Dollar Tree and is asking the company to sell its Family Dollar business, The Wall Street Journal reported on Sunday.
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Starboard To Dollar Tree: Hoping For Improvement At Family Dollar Is 'No Longer Acceptable'Activist hedge fund Starboard Value, which has acquired a 1.7% stake in Dollar Tree, is urging the company to explore “all strategic alternatives,” including a sale, for its underperforming Family Dollar chain.
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