Finally, someone is going to make Dollar Tree deal with its disastrous acquisition of Family Dollar, and the stock looks better off for it.
After Friday’s close, it was revealed that activist investor Mantle Ridge had acquired a $1.8 billion position in Dollar Tree stock, with the intention of making the company take action to boost its stock price. Dollar Tree shares have gained about 45% during the past five years, while the S&P 500 has risen around 116%.
Mantle…