PHOTO PHOTO: An exterior image of a Dollar Tree store is being seen in Pasadena, California on August 31, 2015. REUTERS / Mario Anzuoni
NEW YORK (Reuters) – Shares of Dollar Tree Inc ( DLTR.O ]) is as big a find as the $ 1
merchandise it sells in its stores, with shares of 18 percent this year and deals with its biggest competitor Dollar General Corp ( DG.N ) and There is a potential activist investor in the wings, according to Barrons.
The US newspaper says Dollar Tree is trading close to a five-year low but can bounce back. The company has been penalized for its purchase of rival Family Dollar, but has begun renovating and rebranding the fierce Family Dollar stores, said it.
Barron said analysts have speculated on an activist investor may be interested. Carl Icahn and Nelson Peltz were shareholders of Family Dollar who had encouraged a sale before the Dollar Tree acquisition, reported the newspaper.
New York Post reported in October that Icahn collected shares in the company.
Reporting by Caroline Humer; Editing Lisa Shumaker
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