Dollar Tree, Family Dollar stores to survive merger
Shareholders of Family Dollar voted overwhelmingly early Thursday to approve the discount retailer’s $8.5 billion takeover by rival Dollar Tree, but how the chains’ stores in Northern Colorado and the Boulder Valley would be affected remains unclear.
Chesapeake, Va.-based Dollar Tree Inc. (Nasdaq: DLTR) currently has three stores open in Fort Collins, two each in Greeley and Longmont, and one each in Loveland, Windsor and Louisville. Matthews, N.C.-based Family Dollar Stores Inc. (NYSE: FDO) has one store each in Loveland, Longmont, Dacono, Fort Lupton and Brighton. A Dollar Tree recently closed in Boulder, and a Family Dollar recently closed in Longmont.
Both…
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