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Dollar Tree countersues Dollar Express, alleges funds siphoned

Jun 6, 2017 | Bad Credit Loans, Bank Lending, Business Lending, Business Loans, Capital, Economics, Finance, Non-Bank Loans, Working Capital

WASHINGTON (Reuters) – U.S. discount retailer Dollar Tree Inc filed a countersuit against Dollar Express on Tuesday, alleging that the smaller company’s private equity owners siphoned off funds and failed to pay for $50 million in goods and services.

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