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Icahn exits stake in Family Dollar: Sources

A Family Dollar store on July 28, 2014 in Hollywood, Florida.
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A Family Dollar store on July 28, 2014 in Hollywood, Florida.

Billionaire investor Carl Icahn has sold his entire stake in Family Dollar, making a profit of about $200 million on the investment, according to sources familiar with the matter on Wednesday.

Icahn became Family Dollar's largest shareholder in June, when he disclosed a 9.4 percent stake in the struggling retailer and pushed the company to sell itself.

Read More Dollar stores find fans in Asian penny pinchers

—By Reuters

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