Dollar General Corporation Announces 30.0 Million Share Secondary Offering
Wed, 27 Mar 2013
GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--
Dollar General Corporation (NYSE:DG) today announced an underwritten
secondary public offering of 30.0 million common shares. The shares are
being sold by certain existing shareholders. No shares are being sold by
the Company in this offering, and it will not receive any proceeds from
the offering. In connection with the offering, certain of the selling
shareholders have granted to the underwriters an option to purchase up
to 4.5 million additional shares.
Citigroup, Goldman, Sachs & Co. and KKR are serving as joint book
running managers for the offering.
This press release shall not constitute an offer to sell or the
solicitation of an offer to buy any securities nor will there be any
sale of these securities in any state or other jurisdiction in which
such offer, solicitation or sale would be unlawful prior to registration
or qualification under the securities laws of any such state or other
jurisdiction. Copies of the prospectus and related supplement may be
obtained by contacting any of the book running managers whose contact
information is listed at the bottom of this announcement.
About Dollar General Corporation
Dollar General Corporation has been delivering value to shoppers for
more than 70 years. Dollar General helps shoppers Save time. Save money.
Every day!(R) by offering products that are frequently used and
replenished, such as food, snacks, health and beauty aids, cleaning
supplies, basic apparel, house wares and seasonal items at low everyday
prices in convenient neighborhood locations. With 10,506 stores in 40
states as of February 1, 2013, Dollar General has more retail locations
in the U.S. than any other retailer. In addition to high quality private
brands, Dollar General sells products from America's most-trusted
manufacturers such as Procter & Gamble, Kimberly-Clark, Unilever,
Kellogg's, General Mills, Nabisco, Hanes, PepsiCo and Coca-Cola.