Dollar Tree said it may need to divest more stores than expected to satisfy antitrust regulators reviewing its planned acquisition of Family Dollar Stores.
In a filing on Tuesday, the company said the U.S. Federal Trade Commission was reviewing more than 500 stores. Antitrust regulators are scrutinizing the deal over concerns that the merger could result in price hikes at discount stores.
The company hopes to reach an agreement with the FTC by the end of the month and close the acquisition by the end of April.
Full Content: The Wall Street Journal
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