Dollar Tree Completes Acquisition of Canadian Dollar Giant Stores for $52M

Dollar Tree, Inc. DLTR today announced that it has completed its purchase of the assets of the Dollar Giant Store (B.C.) Ltd. Under the terms of the agreement, Dollar Tree acquired 86 Dollar Giant stores including substantially all assets, inventory, leasehold rights and intellectual property for approximately $52 million (USD) in cash, plus the assumption of certain liabilities. This is Dollar Tree's first expansion of its retail operations outside of the United States.