Dollar Tree Inc. agreed to buy Family Dollar Stores Inc. for at enterprise value of $9.2 billion to enlarge the discount retailer’s network to more than 13,000 stores with annual sales exceeding $18 billion.

In a transaction approved by the boards of both companies, Dollar Tree is offering $74.50 a share, a premium of almost 23 percent to Family Dollar’s closing price on July 25, Chesapeake, Virginia-basedDollar Tree said today in a statement. Dollar Tree agreed to pay $59.60 in cash and $14.90 in stock per share for its Matthews, North Carolina-based rival.

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