Activist investor Starboard Value LP has taken a stake in Dollar Tree Inc. and is pushing the retailer to sell its Family Dollar business and tweak its pricing model. The New York hedge fund has a 1.7% stake in Dollar Tree worth roughly $370 million and is also seeking majority control of the company’s 12-person board, it said in a letter Monday. Starboard...

Source: Wall Street Journal January 07, 2019 04:04 UTC