Dollar Tree sold Family Dollar for a headline $1 billion. It still guaranteed some of the stores' rent.

Dollar Tree completed the Family Dollar sale on July 5, 2025, announcing $1 billion of purchase consideration subject to adjustments. A year later, its filing still identifies the rent guarantees described above and reports income from transition services. The guarantees are contingent commitments—not evidence that Family Dollar defaulted or that Dollar Tree paid the guaranteed amounts. The company describes their fair value as immaterial. This illustrates why ownership alone is an incomplete map of corporate obligations. Follow whether the guarantees expire as scheduled and whether transition services end or are extended.