Dollar General Corporation Announces 25.0 Million Share Secondary Offering
Dollar General Corporation (NYSE:DG) today announced an underwritten secondary public offering of 25.0 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 3.75 million additional shares.
Citigroup, Goldman, Sachs & Co. and KKR, along with J.P. Morgan and Barclays, are serving as joint book running managers for the offering, with BofA Merrill Lynch, Wells Fargo Securities, Sanford C. Bernstein, CICC and Macquarie Capital acting as co-managers.
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 9,937 stores in 38 states as of February 3, 2012, Dollar General has more locations than any other discount retailer in America. 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.Select the service that is right for you!
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