NEW YORK, Jan. 7, 2019 /PRNewswire/ -- Starboard Value LP
(together with its affiliates, "Starboard"), a significant
shareholder of Dollar Tree, Inc. (NASDAQ: DLTR) ("Dollar Tree" or
the "Company"), with an ownership interest of approximately 1.7% of
the Company's outstanding shares, today announced that it has
delivered a letter to Gary Philbin,
Dollar Tree's President and Chief Executive Officer, with copies to
Executive Chairman Bob Sasser and
the Company's Board of Directors (the "Board").
The full text of Starboard's letter to the CEO and Board can be
viewed at the following link:
http://www.starboardvalue.com/wp-content/uploads/Starboard_Value_LP_Letter_to_DLTR_CEO_and_Board_01.07.2019.pdf
About Starboard Value LP
Starboard Value LP is a
New York-based investment adviser
with a focused and differentiated fundamental approach to investing
primarily in publicly traded U.S. companies. Starboard invests
in deeply undervalued companies and actively engages with
management teams and boards of directors to identify and execute on
opportunities to unlock value for the benefit of all
shareholders.
Investor contacts:
Peter
Feld, (212) 201-4878
Tom Cusack, (212) 201-4814
www.starboardvalue.com
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SOURCE Starboard Value LP