Dollar Tree has announced the sale of its Family Dollar business to private equity firms Brigade Capital Management and Macellum Capital Management for $1 billion. This divestment marks the end of a troubled merger that began more than a decade ago when Dollar Tree purchased Family Dollar for over $8 billion. The decision comes as Dollar Tree aims to restructure and expand its operations, having recently closed nearly 700 Family Dollar stores. The stock market reacted positively to the announcement, with Dollar Tree shares experiencing a notable surge following the news.