Dollar General Sold for $7.3 Billion
Goodlettsville, Tenn.–based discount retail chain Dollar General Corp. has merged with affiliates of Kohlberg Kravis & Roberts & Co. L.P.; GS Capital Partners, an affiliate of Goldman Sachs; Citi Private Equity; and other equity co-investors in a deal valued at approximately $7.3 billion. The deal, approved by Dollar General’s shareholders in late June, will take the retailer’s stock off the New York Stock Exchange. Dollar General shareholders will receive $22 per share in cash. Dollar General operates more than 8,000 stores, selling food, health and beauty aids, housewares, and basic apparel.
