M&A - DOLLAR TREE, INC.
Form Type: 8-K
Filing Date: 2025-03-28
Corporate Action: Acquisition
Type: New
Accession Number: 000110465925029393
Filing Summary: On March 25, 2025, Dollar Tree, Inc. entered into a Membership Interest Purchase Agreement with 1959 Holdings, LLC to sell all issued and outstanding membership interests of Family Dollar Stores, LLC for a cash purchase price of $1,007,500,000. The agreement is subject to various closing conditions, including regulatory approvals and financial adjustments. The closing date is expected to occur in the second quarter of 2025, but not before June 23, 2025. The agreement includes representations, warranties, and covenants between the parties, with termination rights and a stipulated termination fee payable by the Buyer under certain conditions. Additionally, both parties will enter into transition services agreements at closing.
Document Link: View Document
Additional details:
Membership Interest Purchase Agreement Date: 2025-03-25
Buyer: 1959 Holdings, LLC
Purchase Price: 1007500000
Closing Conditions: Hart-Scott-Rodino Antitrust Improvements Act, absence of injunction, accuracy of representations, compliance with covenants
Closing Date: expected in Q2 2025, not before June 23, 2025
Termination Fee: 55412500
Indemnification Terms: Seller will indemnify Buyer and vice versa for certain breaches and liabilities
Non Solicitation Terms: Two years post-closing for specified employees
Comments
No comments yet. Be the first to comment!