1. Starboard Drops Dollar Tree Board Challenge

    Starboard Drops Dollar Tree Board Challenge

    (Reuters) - Activist investor Starboard Value LP said on Friday it was withdrawing its nominations for directors at Dollar Tree Inc's board, saying that it was pleased with the company's decision to test multiple price points at its stores. Starboard in January pushed for changes at the discount chain, seeking to capitalize on criticism from some investors and analysts that Dollar Tree should consider raising prices for some products to more than $1...

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