Business

Dollar Tree steps up fight, buys Family Dollar

By CANDICE CHOIMICHELLE CHAPMAN
Published July 28, 2014 4:11pm ET
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NEW YORK (AP) — The fight for penny pinchers is intensifying.

Dollar Tree said Monday it is buying rival discounter Family Dollar for $8.5 billion, significantly broadening its reach as it looks to fend off Wal-Mart, which has been stepping up its courtship of lower-income customers

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