Skip to main content

Trian Fund Management sells 6 million shares of Family Dollar

1/27/2015


NEW YORK — Family Dollar's second-largest shareholder Trian Fund Management cut its stake in the company by more than two-thirds to 2.07% in the wake of Family Dollar shareholders approving Dollar Tree's acquisition of the company, Reuters reported Tuesday


 


According to the report, Trian Fund Management reduced its stake of nearly 8.4 million shares to about 2.4 million. 


 


Trian did not provide a reason for the sale of its stake.


 

X
This ad will auto-close in 10 seconds